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From the early decades of the twentieth century, a dominant characteristic of the modern “capitalist” corporation, especially in the United States, was the separation of asset ownership in the form of publicly traded shares from allocative control over the corporation's resources by salaried...
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We propose an empirically relevant measure of voting power that uses the information about real or assumed voting patterns conveyed by a joint probability distribution on the set of voting outcomes, and apply it to the voting data of the Supreme Court of the United States.
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Lecture Notes prepared for Summer School, “EU Decision Making : Assessment and Design of Procedures”, San Sebastian, Spain, July 8-11, 2002.
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The Double Majority rule in the Treaty is claimed to be simpler, more transparent and more democratic than the existing rule. We examine these questions against the democratic ideal that the votes of all citizens in whatever member country should be of equal value using voting power analysis...
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Weighted voting games are ubiquitous mathematical models which are used in economics, political science, neuroscience, threshold logic, reliability theory and distributed systems. They model situations where agents with variable voting weight vote in favour of or against a decision. A coalition...
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The constitutions of the Bretton Woods Institutions require decisions to be taken by weighted voting: each member country possesses a number of votes, depending on its quota allocation, all of which must always be cast as a bloc. This leads to a problem of democratic legitimacy since a...
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