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Let v be a vector of votes for parties and s a vector of their seats gained in the House of Commons or the House of Representatives. We use a single zero for the lumped category of "Other", of the wasted vote, for parties that got votes but no seats. Let V = 1'v be total turnout and S = 1's the...
Persistent link: https://www.econbiz.de/10015259241
This paper gives an economic analysis of the design of electoral systems. It particular it evaluates how political science has been dealing with this issue. The main choice is between either district representation (DR) or equal or proportional representation (EPR). It appears that DR...
Persistent link: https://www.econbiz.de/10015259249
The correlation between two vectors is the cosine of the angle between the centered data. While the cosine is a measure of association, the literature has spent little attention to the use of the sine as a measure of distance. A key application of the sine is a new “sine-diagonal inequality /...
Persistent link: https://www.econbiz.de/10015259360
This study examines the impact of social preferences on the individual incentives of participating in climate coalitions with laboratory experimental evidences. The theoretical result suggests that, when a player was inequality-neutral, a dominant strategy equilibrium could exist. However,...
Persistent link: https://www.econbiz.de/10015259751
The correlation between two vectors is the cosine of the angle between the centered data. While the cosine is a measure of association, the literature has spent little attention to the use of the sine as a measure of distance. A key application of the sine is a new "sine-diagonal inequality /...
Persistent link: https://www.econbiz.de/10015260064
This study examines the impact of social preferences on the individual incentives of participating in climate coalitions with laboratory experimental evidence. The theoretical result suggests that, when players are self-interested, dominant strategy equilibrium could exist conditionally. Players...
Persistent link: https://www.econbiz.de/10015260849
We give two social aggregation theorems under conditions of risk, one for constant population cases, the other an extension to variable populations. Intra and interpersonal welfare comparisons are encoded in a single `individual preorder'. The individual preorder then uniquely determines a...
Persistent link: https://www.econbiz.de/10015262112
In this paper we have analyzed sequencing problem from both incentive and normative aspects. We have identified unique class of VCG mechanisms that ensures egalitarian equivalence and we also have shown the possibility result with identical costs lower bound in that unique class of VCG...
Persistent link: https://www.econbiz.de/10015263589
This paper investigates the impact of a negative socioeconomic shock on generosity by analysing the responses of 1255 US citizens to dictator games spread out over eight weeks of the early stages of the COVID-19 pandemic. Each respondent plays four dictator games corresponding to four different...
Persistent link: https://www.econbiz.de/10015269653
We suggest that procedures of monetarized bidding can facilitate co-operation in Elinor Ostrom type common(s) projects without crowding out communitarian faculties of self-governance. Axioms securing procedurally egalitarian bidding on the basis of declared monetary evaluations are introduced....
Persistent link: https://www.econbiz.de/10010291854