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parliaments and facilitate the formation of a coalition government. However, the clauses also introduce distortions and modify the … necessary to measure the difficulties in forming a coalition government and to quantify the effects of electoral thresholds on … these difficulties. For this issue, we introduce a concept based on cooperative game theory which takes into account the …
Persistent link: https://www.econbiz.de/10014422490
obtain that many of the informative equilibria are sustained by a coalition government, however the coalition is never …
Persistent link: https://www.econbiz.de/10011537537
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We study the possibilities for agenda manipulation under strategic voting for two prominent sequential voting … surprisingly, simple majority voting is not necessarily the optimal choice of a society that is concerned about agenda manipulation. …
Persistent link: https://www.econbiz.de/10011704808
Despite the wide variety of agendas used in legislative settings, the literature on sophisticated voting has focused on … characterize the social choice rules implemented by sophisticated voting on agendas with these two features. I also characterize … related to the prevailing rules for order-of-voting used by legislatures. These results establish a clear connection between …
Persistent link: https://www.econbiz.de/10012415641
distribution with independent marginals then, under weak conditions, voting on the original issues is not optimal. If the marginals … are identical (but not necessarily independent), then voting first on the total sum and next on the differences is often … welfare superior to voting on the original issues. We also provide various lower bounds on incentive efficiency: in particular …
Persistent link: https://www.econbiz.de/10012022742
studies strategic voting when voters have pure common values but may be ambiguity averse -- exhibit Ellsberg-type behavior …
Persistent link: https://www.econbiz.de/10011671890
The modern Condorcet jury theorem states that under weak conditions, when voters have common interests, elections will aggregate information when the population is large, in any equilibrium. Here, we study the performance of large elections with population uncertainty. We find that the modern...
Persistent link: https://www.econbiz.de/10012806603
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