Showing 8,501 - 8,509 of 8,509
Persistent link: https://www.econbiz.de/10010596789
In this note we consider a society that partitions itself into disjoint jurisdictions, each choosing a location of its public project and a taxation scheme to finance it. The set of public project is multi-dimensional, and their costs could vary from jurisdiction to jurisdiction. We impose two...
Persistent link: https://www.econbiz.de/10010629187
We analyze and evaluate the different decision rules describing the Council of Ministers of the EU starting from 1958 up to date. All the existing studies use the Banzhaf index (for binary voting) or the Shapley-Shubik index (for distributive politics). We argue that the nucleolus can be...
Persistent link: https://www.econbiz.de/10008916026
[fre] Cet article fournit un tableau complet de l'état actuel de la théorie de l'« agence commune » en information complète qui étudie les situations dans les­quelles un Agent unique ( le « mandataire ») choisit une action (éventuellement pluridimensionnelle) qui affecte la fonction de...
Persistent link: https://www.econbiz.de/10008620757
This paper presents a model of nations where agents vote on the optimal level of public spending. Larger nations benefit from increasing returns in the provision of public goods, but bear the costs of greater cultural heterogeneity. This tradeoff induces agents' preferences over different...
Persistent link: https://www.econbiz.de/10008567835
We study the distribution of a fixed amount of "favors" by an incumbent politician between two pressure groups, each of them offering to the agent a campaign contribution contingent on the quantity of "favors" received. Assuming that the total amount supplied is a private information of the...
Persistent link: https://www.econbiz.de/10009149999
This article studies a model of coalition formation for the joint production (and finance) of public projects, in which agents may belong to multiple coalitions. We show that, if projects are divisible, there always exists a stable (secession-proof) structure, i.e., a structure in which no...
Persistent link: https://www.econbiz.de/10008764895
In this article we use the theory of power indices to evaluate the respective influence of the two classes of electors in the polling method introduced by the electoral law of 29 June 1820, known as the law of ?double vote?. We show in a simplified framework that the voting power of the ?major?...
Persistent link: https://www.econbiz.de/10011187891
The authors consider strategyproof social choice functions defined over product domains. If preferences are strict orderings and separable, then strategyproof social choice functions must be decomposable provided that the domain of preferences is rich. The authors provide several applications of...
Persistent link: https://www.econbiz.de/10005231444