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A collective decision problem is described by a set of agents, a profile of single-peaked preferences over the real line and a number k of public facilities to be located. We consider public facilities that do not suffer from congestion and are non-excludable. We provide a characterization of...
Persistent link: https://www.econbiz.de/10003923378
We consider a framework where the optimal decision rule determining the collective choice depends in a simple way on the decision makers' posterior probabilities of a particular state of nature. Nevertheless, voting is generally an inefficient way to make collective choices and this paper sheds...
Persistent link: https://www.econbiz.de/10010457829
We consider a framework where the optimal decision rule determining the collective choice depends in a simple way on the decision makers’ posterior probabilities of a particular state of nature. Nevertheless, voting is generally an inefficient way to make collective choices and this paper...
Persistent link: https://www.econbiz.de/10010462767
Voters have strong incentives to increase their influence by trading votes, a practice indeed believed to be common. But is vote trading welfare-improving or welfare-decreasing? We review the theoretical literature and, when available, its related experimental tests. We begin with the analysis...
Persistent link: https://www.econbiz.de/10012824815
We consider a framework where the optimal decision rule determining the collective choice depends in a simple way on the decision makers' posterior probabilities of a particular state of nature. Nevertheless, voting is generally an inefficient way to make collective choices and this paper sheds...
Persistent link: https://www.econbiz.de/10013039595
Democratic societies have been increasingly confronted with extreme, knife-edge election outcomes that affect everybody's lives and contribute to social instability. Even if political compromises based on social conventions as equity or economic arguments as efficiency are available, polarized...
Persistent link: https://www.econbiz.de/10012625507
Democratic societies have been increasingly confronted with extreme, knife-edge election outcomes that affect everybody’s lives and contribute to social instability. Even if political compromises based on social conventions as equity or economic arguments as efficiency are available, polarized...
Persistent link: https://www.econbiz.de/10013213858
The current political situation in Sudan has deteriorated with the secession of its Southern part, the Darfur dilemma and the growing public feelings of deprivation, political disparities, elitism that possess the whole country. However, evidence proves that the situation is an accumulation of...
Persistent link: https://www.econbiz.de/10014184118
Can campaign communications credibly transmit information about candidates' policy intentions? To answer this question, I develop and analyze a game-theoretic model of campaign communication in a two-candidate majority rule election with multidimensional policies. Candidate and voter preferences...
Persistent link: https://www.econbiz.de/10014147381
I establish conditions for existence of pure strategy equilibria in K-candidate Downsian electoral competition (K ≥ 2) with valence when the voting rule is monotonic, generalizing results by Ansolabehere and Snyder (2000) and Martin et al. (2021). The conditions are sufficient when K ≥ 2 and...
Persistent link: https://www.econbiz.de/10013294056