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There is a need for an impartial international tribunal to consider requests for approval of repudiations of developing nations' debts. At present, debt relief is available as largess from the "Paris Club" of creditor nations or the "London Club" of commercial banks, but a nation that is treated...
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The single transferable vote (STV) is a family of vote-counting procedures that use voters' rankings of candidates as input and achieve proportional representation. This paper compares STV with other types of voting procedures and discusses the history of STV, issues concerning the rules of STV,...
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The Single Transferable Vote (STV) is an attractive way of achieving representation that is proportional in terms of whatever characteristics of candidates voters value. Increasingly sophisticated methods of implementing STV have been advanced to overcome identified limitations of earlier...
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The Single Transferable Vote (STV) is an attractive way of achieving representation that is proportional in terms of whatever characteristics of candidates voters value. Increasingly sophisticated methods of implementing STV have been advanced to overcome identified limitations of earlier...
Persistent link: https://www.econbiz.de/10005709434
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Henry George anticipated the winner's curse phenomenon and suggested an antidote to prevent wasteful land speculation. In these ways his economic ideas still resonate today as part of modern finance theory. Copyright 2004 American Journal of Economics and Sociology, Inc..
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