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Using data from an experiment by Forsythe, Myerson, Rietz, and Weber (1993), designed for a different purpose, we test the "standard theory" that players have preferences only over their own mentary payoffs and that play will be in (evolutionary stable) equilibrium. In the experiment each...
Persistent link: https://www.econbiz.de/10011284229
We study communication in committees selecting one of two alternatives when consensus is required and agents have private information about their preferences. Delaying the decision is costly, so a form of multiplayer war of attrition emerges. Waiting allows voters to express the intensity of...
Persistent link: https://www.econbiz.de/10011872697
We present a model of elections in which interest group donations allow candidates to shift policy positions. We show …
Persistent link: https://www.econbiz.de/10010266018
contracts, and democratic elections. An information market is used to predict the long-term performance of a policy, while …
Persistent link: https://www.econbiz.de/10011753121
We present a model of elections in which interest group donations allow candidates to shift policy positions. We show …
Persistent link: https://www.econbiz.de/10011753207
contracts, and democratic elections. An information market is used to predict the long-term performance of a policy, while …
Persistent link: https://www.econbiz.de/10003459198
candidates and that politicians on the right benefit more from beauty in low-information elections. Evidence from real and … experimental elections confirms both predictions. …
Persistent link: https://www.econbiz.de/10011289386
Experiments evaluate the fit of human behaviour to the Shapley-Shubik power index (SSPI), a formula of voter power … values. The SSPI can serve as a control for power imbedded in voting blocs, permitting fuller analysis of other factors that …
Persistent link: https://www.econbiz.de/10009789971
In this paper, we study the potential implications of a novel yet natural voting system: strategic sequential voting …. Each voter has one vote and can choose when to cast his vote. After each voting period, the current count of votes is … a simplified two-period setting. We find that, in elections involving three or more candidates, voters with a strong …
Persistent link: https://www.econbiz.de/10011514799
mayoral candidates just prior to municipal elections. It left voters more knowledgeable about candidates' proposed policies …
Persistent link: https://www.econbiz.de/10011521266