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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/10011345391
majority voting. Individuals vote according to their misperceived utility function. Consequently, excessive fat consumption is …
Persistent link: https://www.econbiz.de/10011345392
Using data from an experiment by Forsythe, Myerson, Rietz, and Weber (1993), designed for a different purpose, we test the "standard theory" that players have preferences only over their own mentary payoffs and that play will be in (evolutionary stable) equilibrium. In the experiment each...
Persistent link: https://www.econbiz.de/10011348269
majority voting. Individuals vote according to their misperceived utility function. Consequently, excessive fat consumption is …
Persistent link: https://www.econbiz.de/10011388188
owners of land in different locations. Assuming majority voting we show that the equilibrium toll is below the socially …
Persistent link: https://www.econbiz.de/10011388228
redistributes welfare not only from renters to landowners, but also within landowners. We show that the majority voting equilibrium …
Persistent link: https://www.econbiz.de/10011400555
parties are not motivated by reciprocity. We show that reciprocity may have dramatic consequences for models of voting …
Persistent link: https://www.econbiz.de/10011422123
This paper estimates voters' response to municipality and regional level unemployment and economic growth, in Swedish general elections from 1985 to 2002, using data on 284 municipalities and 9 regions. An increase in regional growth or a reduction in regional unemployment by one percentage...
Persistent link: https://www.econbiz.de/10010321613
) countries in Central and Eastern Europe (CEE) during the period 2005-2010. It employs (individual) voting records of the …-time information on economic and financial indicators and voting records. Recent evidence for the monetary policy committees (MPCs) of …
Persistent link: https://www.econbiz.de/10010322484
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/10010324768