Showing 1 - 10 of 2,708
The possible exit of the United Kingdom from the European Union will have profound economic and political effects. Here we look at a particular aspect, the power distribution in the Council of the European Union. Since the Lisbon treaty the exit does not require new negotiations as the success...
Persistent link: https://www.econbiz.de/10011537470
Power indices have been used to evaluate the allocation of power in a wide range of voting situations. While they use the language of game theory known measures of a priori voting power are hardly more than statistical expectations assuming the random behaviour of the players. We introduce a...
Persistent link: https://www.econbiz.de/10010429130
Persistent link: https://www.econbiz.de/10001510400
Persistent link: https://www.econbiz.de/10001512174
Persistent link: https://www.econbiz.de/10001537285
Persistent link: https://www.econbiz.de/10001442228
Persistent link: https://www.econbiz.de/10001428025
Persistent link: https://www.econbiz.de/10000988678
Persistent link: https://www.econbiz.de/10001388179
This paper provides a new explanation why several US states have implemented supermajority requirements for tax increases. We model a dynamic and stochastic OLG economy where individual preferences depend on age and change over time in a systematic way. In this setting, we show that the first...
Persistent link: https://www.econbiz.de/10001599126