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Gersbach, Hans - 2014

We develop a model that combines competitive exchange of private commodities across endogenously formed groups with public good provision and global collective decisions. There is a tension between local and global collective decisions. In particular, we show that group formation and collective...

Persistent link: https://www.econbiz.de/10013047312

Optimal Conservatism and Collective Monetary Policymaking Under Uncertainty

Hefeker, Carsten - 2014

We study how the optimal degree of conservatism relates to decision-making procedures in a Monetary Policy Committee (MPC). In our framework, central bank conservatism is required to attenuate the volatility of monetary decisions generated by the presence of uncertainty about the committee...

Persistent link: https://www.econbiz.de/10013047346

Voting advice applications and elections

Benesch, Christine; Heim, Rino L.; Schelker, Mark; … - 2021

We analyze how the introduction of the voting advice application (VAA) smartvote affects voter turnout, voting behavior and electoral outcomes. The Swiss context offers an ideal setting to identify the causal effects of online information with aggregate real world data because smartvote was...

Persistent link: https://www.econbiz.de/10012421257

Zur Manipulierbarkeit der Allokation öffentlicher Güter : theoretische Analyse und Simulationsergebnisse

Lindner, Tobias - 2011

Die vorliegende Arbeit untersucht die Aufteilung eines Budgets auf mehrere öffentliche Güter mittels einer Abstimmung. Hierzu betrachten wir Abstimmungsregeln, unter denen jeder Agent eine Budgetaufteilung vorschlägt und dann aus diesen Vorschlägen eine Budgetaufteilung (Allokation) bestimmt...

Persistent link: https://www.econbiz.de/10012654078

The political agenda effect and state centralization

Acemoglu, Daron; Robinson, James A.; Torvik, Ragnar - 2016

We provide a potential explanation for the absence of, and unwillingness to create, centralized power in the hands of a national state in many societies based on the political agenda effect. State centralization induces citizens of different backgrounds, interests, regions or ethnicities to...

Persistent link: https://www.econbiz.de/10011572952

Confirmation Bias Unchained : Nancy Maclean on James Buchanan, the History of Public Choice Theory, and Libertarianism

Horwitz, Steven - 2017

Persistent link: https://www.econbiz.de/10012951309

Democratic Deliberation and Social Choice : A Review

List, Christian - 2017

In normative political theory, it is widely accepted that democratic decision making cannot be reduced to voting alone … question, under conditions of equality and respect. In short, democracy requires deliberation. In formal political theory, by … connections between the two. Deliberative democratic theory is relevant to social choice theory in that deliberation can …

Persistent link: https://www.econbiz.de/10014034243

Overcoming Free Riding in Multi-Party Computations - The Anonymous Case

Smorodinsky, Rann; Tennenholtz, Moshe - 2012

This paper addresses the question of multi-party computation in a model with asymmetric information. Each agent has a private value (secret), but in contrast to standard models, the agent incurs a cost when retrieving the secret. There is a social choice function the agents would like to compute...

Persistent link: https://www.econbiz.de/10014172010

Belief Aggregation, Updating and Dynamic Collective Choice

Hayashi, Takashi - 2023

This paper decision-theoretically investigates belief aggregation method which allows consistently updating the aggregate belief.After confirming that the Pareto axiom and dynamic consistency require decision power of an individual to evolve proportionally to how much his/her prior has been...

Persistent link: https://www.econbiz.de/10014359137

Collective Choice in the Commons : Experimental Results on Proposed Allocation Rules and Votes

Walker, James M.; Gardner, Roy; Ostrom, Elinor; Herr, Andrew - 2011

We analyse and empirically examine a multi-level common-pool resource (CPR) game consisting of a collective-choice level game and an operational-level game. In the collective-choice game, participants anonymously propose allocation rules to be used in the operational game and vote anonymously on...

Persistent link: https://www.econbiz.de/10014153152