Showing 141 - 150 of 193,692
Persistent link: https://www.econbiz.de/10011383968
"This book proposes a normative theory of collective decision making, inspired by Jeremy Bentham but not including his utilitarian philosophy. The central proposal is that in designing democratic institutions one should reduce as much as possible the impact of self-interest, passion, prejudice,...
Persistent link: https://www.econbiz.de/10011385244
Persistent link: https://www.econbiz.de/10002846339
This paper provides a new explanation why several US states have implemented supermajority requirements for tax increases. We model a dynamic and stochastic OLG economy where individual preferences depend on age and change over time in a systematic way. In this setting, we show that the first...
Persistent link: https://www.econbiz.de/10001599126
Persistent link: https://www.econbiz.de/10001709250
Bicameralism introduces additional complexities into the analysis of sophisticated voting by members of parliament (MPs). The paper proposes a general game-theoretical model to assess the conditions under which MPs may engage in strategic behavior. The implications suggest that these conditions...
Persistent link: https://www.econbiz.de/10013140564
We analyze a three-player legislative bargaining game in which legislators privately informed about their preferences bargain over an ideological and a distributive decision. Communication takes place before a proposal is offered and majority rule voting determines the outcome. When ideological...
Persistent link: https://www.econbiz.de/10013124087
Persistent link: https://www.econbiz.de/10012616712
We study legislative bargaining with two person teams versus individuals. Teams pass minimum winning coalitions significantly more often than individuals, meeting or beating the demanding truth wins criteria. Teams have more proposer power, coming significantly closer to the very unequal payoffs...
Persistent link: https://www.econbiz.de/10013033967
Persistent link: https://www.econbiz.de/10009743244