part because allocation through voting can give rise to a "tyranny of the majority." Markets, by contrast, are believed to …

Theory: Markets and the tyranny of the majority; Are "lumpy" markets a problem?; Empirical evidence: Who benefits whom …

This paper examines whether it is socially desirable for the individual voting records of central bank council members … publication of voting records is beneficial since the government can distinguish central bankers in terms of their preferences and … berücksichtigen, dass sie vielleicht nicht wiedergewählt werden. Die Veröffentlichung der Abstimmung ist somit nützlich, weil die …

This paper examines whether it is socially desirable for the individual voting records of central bank council members …-elected. Thus, the publication of voting records is beneficial since the government can distinguish central bankers' ; in terms of …