professional and political party elites in command economies can serve as a good example of applied public good theory and should …

bargaining, and more centralized mechanisms, such as quadratic voting, where votes can be bought at a quadratic cost. We conclude … or a modified form of quadratic voting. We find that vote trading and vote markets are typically inefficient; more …

We examine whether it is socially beneficial for the individual voting records of central bank council members to be … efficient central bankers in their bid to get re-elected. After re-election, however, losses will be lower when voting records … and can make central bankers individually accountable. Nevertheless, the negative effects of voting transparency …