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Commitment voting is a mechanism for signalling intensity of preferences and long-term commitment to governance decisions in proof of stake blockchains. In commitment voting, the voting weight of a vote in any given election is determined by 1) the amount of tokens under a voters control and 2)...
Persistent link: https://www.econbiz.de/10014090367
Freedom of movement is one of the great issues of our time. Expanding opportunities for both international and internal migration can greatly expand freedom and opportunity for hundreds of millions of people. The same goes for expanding freedom of choice in the private sector. “Voting with...
Persistent link: https://www.econbiz.de/10013250317
Ballot box voting is often considered the essence of political freedom. But it has two major shortcomings: individual voters have little chance of making a difference, and they also face strong incentives to remain ignorant about the issues at stake. "Voting with your feet," however, avoids both...
Persistent link: https://www.econbiz.de/10012830789
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...
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In its 2018 introduction and subsequent work, Quadratic Funding (QF) emerged as a uniquely optimal design for the democratic provision of public goods under the assumption of atomized participants with perfect rationality. In this paper, we aim to move past this rational and atomized portrayal...
Persistent link: https://www.econbiz.de/10014255237
This article studies the causal effect of electoral systems on fiscal outcomes using an empirical design exploiting a discontinuity in the application of electoral rules in Polish municipalities in the period 2002-2014. In that period, municipalities followed either majoritarian or proportional...
Persistent link: https://www.econbiz.de/10012983998
I study the consequences for governance of efforts to curb voter-buying. I explore the effects of Brazil’s 2007 voter re-registration reform. Exploiting a discontinuity in the targeting of municipalities assigned to the reform, I examine the response for mayoral elections, public expenditures...
Persistent link: https://www.econbiz.de/10014347624