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Voting as a war of attrition
Kwiek, Maksymilian; Marreiros, Helia; Vlassopoulos, Michael - 2018
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
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Prospects after the voting reform of the Lisbon Treaty
Kóczy, László Á. - 2010
the process by removing the most controversial element: the voting weights. The new system relies entirely on population … majority voting ; Banzhaf index ; Shapley-Shubik index ; a priori voting power ; demographics …
Persistent link: https://www.econbiz.de/10008668728
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European monetary policy and the ECB rotation model voting power of the core versus the periphery
Belke, Ansgar; Schnurbein, Barbara von - 2010
We analyze the ECB Governing Council’s voting procedures. The literature has by now discussed numerous aspects of the … rotation model but does not account for many institutional aspects of the voting procedure of the GC. Using the randomization … separately. -- Euro area ; European Central Bank ; monetary policy ; rotation ; voting rights …
Persistent link: https://www.econbiz.de/10003950863
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European monetary policy and the ECB rotation model voting power of the core versus the periphery
Belke, Ansgar; Schnurbein, Barbara von - 2010
We analyze the ECB Governing Council's voting procedures. The literature has by now discussed numerous aspects of the … rotation model but does not account for many institutional aspects of the voting procedure of the GC. Using the randomization … separately. -- Euro area ; European Central Bank ; monetary policy ; rotation ; voting rights …
Persistent link: https://www.econbiz.de/10003945950
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On two-period committee voting : why straw polls should have consequences
Frommeyer, Tim Julius - 2015
We consider a committee voting setup with two rounds of voting where committee members who possess private information … information in the first voting period. Coughlan (2000) shows that members reveal their information in a straw poll only if their …
Persistent link: https://www.econbiz.de/10011430746
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Bargaining in the presence of condorcet cycles : the role of asymmetries
Kamm, Aaron; Houba, Harold - 2015
This paper reports results from a laboratory experiment studying the role of asymmetries, both in payoffs and recognition probabilities, in a model of strategic bargaining with Condorcet cycles. Overall, we find only limited support for the equilibrium predictions. The main deviations from...
Persistent link: https://www.econbiz.de/10010532580
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An experimental study of voting with costly delay
Kwiek, Maksymilian; Marreiros, Helia; Vlassopoulos, Michael - 2015
A conclave is a voting mechanism in which a committee selects an alternative by voting until a sufficient supermajority … conclave leads to efficiency gains relative to simple majority voting. We also compare welfare properties of a static versus a …
Persistent link: https://www.econbiz.de/10011336977
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Delegation or voting
Swank, Otto H.; Visser, Bauke - 2001
qualityhas been acquired or not, we compare the performance of a delegation structure with that oftwo voting procedures …. Delegation makes one's acceptance decision pivotal by definition.The decisiveness of one's vote in a voting procedure depends on …
Persistent link: https://www.econbiz.de/10011325973
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The power of religious organizations in human decision processes : analyzing voting behavior
Torgler, Benno; Stadelmann, David; Portmann, Marco - 2013
recommendations. We find that voting recommendations do indeed matter, implying that even in a secularized world, religion plays a … crucial role in voting decisions. …
Persistent link: https://www.econbiz.de/10010223454
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Solving the inverse power problem in two-tier voting settings
Weber, Matthias - 2014
There are many situations in which different groups make collective decisions by committee voting, where each group is … represented by a single person. Theoretical concepts suggest how the voting systems in such committees should be designed, but … these abstract rules can usually not be implemented perfectly. To find voting systems that approximate these rules the so …
Persistent link: https://www.econbiz.de/10010240053