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In real-life elections, vote-counting is often imperfect. We analyze the consequences of such imperfections in plurality and runoff rule voting games. We call a strategy profile a robust equilibrium if it is an equilibrium if the probability of a miscount is positive but small. All robust...
Persistent link: https://www.econbiz.de/10008852091
We analyse an overlapping generations model of voting on "reform projects". These resemble investments in that they first require some investment expenditure and later payoff. Since the time during which old people get the benefit is shorter, or because older people are more wealthy and hence...
Persistent link: https://www.econbiz.de/10010638130
We consider a model in which voters over time receive more information about their preferences concerning an irreversible social decision. Voters can either implement the project in the first period, or they can postpone the decision to the second period. We analyze the effects of different...
Persistent link: https://www.econbiz.de/10011056194
We also explore the robustness of our model when second period valuations are correlated across individuals, and when each individual's first and second period types are correlated.
Persistent link: https://www.econbiz.de/10011080991
We analyze an overlapping generations model of voting over ``reform projects''. These resemble investments in that they first require some investment expenditure and later bring a payoff; consequently, older people are more conservative (against reforms) than younger ones. We show that if people...
Persistent link: https://www.econbiz.de/10005515512
Persistent link: https://www.econbiz.de/10005306414
We analyse an overlapping generations model of voting on "reform projects". These resemble investments in that they first require some investment expenditure and later payoff. Since the time during which old people get the benefit is shorter, or because older people are more wealthy and hence...
Persistent link: https://www.econbiz.de/10005312838
Persistent link: https://www.econbiz.de/10005153845
Persistent link: https://www.econbiz.de/10011335173
Persistent link: https://www.econbiz.de/10001750779