We consider a committee with common interests. Committee members do not know which of two alternatives is the best, but each member may acquire privately a costly signal before casting a vote under either majority or unanimity rule. In the lab, as predicted by Bayesian equilibrium, voters are...

In a simple public good economy, we propose a natural bargaining procedure, the equilibria of which converge to Lindahl allocations as the cost of bargaining vanishes. The procedure splits the decision over the allocation in a decision about personalized prices and a decision about output levels...

Presentación que ofrece información acerca del postgrado en diseño DIMU del sector del mueble, los problemas y posibles soluciones de la planta de ¿pellets¿ del sector foresto industrial, así como las condiciones de sostenibilidad de los grupos asociativos.

In a simple public good economy, we propose a natural bargaining procedure whose equilibria converge to Lindahl allocations as the cost of bargaining vanishes. The procedure splits the decision over the allocation in a decision about personalized prices and a decision about output levels for the...

We argue that standard models of voting do a bad job explaining the frequency of very close mass elections with high turnout. We instead model head-to-head elections as a competition between incentive schemes to turn out voters and elucidate conditions under which parties might prefer close...