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In this paper we propose minority voting as a scheme that can partially protect individuals from the risk of repeated exploitation. We consider a committee that meets twice to decide about projects where the first-period project may have a long-lasting impact. In the first period a simple open...
Persistent link: https://www.econbiz.de/10003761367
Correct aggregation of individual preferences into collective one is central problem of nowadays Social Choice theory … properties tend to be main criteria of voting procedure selection. But last decades it turned out that another threat for theory …
Persistent link: https://www.econbiz.de/10012860943
A committee of experts votes between a multi-attribute alternative and status quo. Each expert is a biased specialist who can privately evaluate only one attribute and puts more weight on it. We study whether a social-minded principal would compose the committee of more or less biased experts....
Persistent link: https://www.econbiz.de/10012117552
We study simple majority rule from a perspective of coalitional decision makings. Four attrative properties each linking decisions by a group to decisions by its various coalitions are introduced, and are used for characterizing simple majority rule. Our characterization result provides an...
Persistent link: https://www.econbiz.de/10014215539
We study approval voting in a setting with a fixed profile of individuals choices and variable societies. Four properties each linking choices made by a group of individuals to choices by its various subgroups are introduced, and are used for characterizing approval voting
Persistent link: https://www.econbiz.de/10014153570
This chapter surveys the literature on strategy proofness from a historical perspective. While I discuss the connections with other works on incentives in mechanism design, the main emphasis is on social choice models.
Persistent link: https://www.econbiz.de/10014025183
We examine the incentives of regions in a country to unite or toseparate. We find that smaller regions have greater incentives tounite, relative to larger regions. We show, however, that on thewhole, majority voting on separation and union generates excessiveincentives to separate. This leads us...
Persistent link: https://www.econbiz.de/10011303324
We develop and study a two-period model of political competition with office- and policy-motivated candidates, in which (i) changes of policies impose costs on all individuals and (ii) such costs increase with the magnitude of the policy change. We show that there is an optimal positive level of...
Persistent link: https://www.econbiz.de/10013015793
This paper tests the joint hypotheses that policymakers engage in fiscal policy opportunism and that voters respond by rewarding that opportunism with higher vote margins. Furthermore, it investigates the impact of fiscal illusion on the previous two dimensions. Empirical results, obtained with...
Persistent link: https://www.econbiz.de/10014192600
, we outline a hybrid theory in which instrumentally rational voters are subject to a "sincerity bias." …
Persistent link: https://www.econbiz.de/10014164122