Storable Votes And Agenda Order Control
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Storable Votes And Agenda Order Control Theory And Experiments
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Author : Alessandra Casella
language : en
Publisher:
Release Date : 2010
Storable Votes And Agenda Order Control Theory And Experiments written by Alessandra Casella and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010 with categories.
The paper studies a voting scheme where members of a committee voting sequentially on a known series of binary proposals are each granted a single extra bonus vote to cast as desired - a streamlined version of Storable Votes. When the order of the agenda is exogenous, a simple sufficient condition guarantees the existence of welfare gains, relative to simple majority voting. But if one of the voters controls the order of the agenda, does the scheme become less efficient? The endogeneity of the agenda gives rise to a cheap talk game, where the chair can use the order of proposals to transmit information about his priorities. The game has multiple equilibria, differing systematically in the precision of the information transmitted. The chair can indeed benefit, but the aggregate welfare effects are of ambiguous sign and very small in all parameterizations studied. The theoretical conclusions are tested through laboratory experiments. Subjects have difficulty identifying the informative strategies, and tend to cast the bonus vote on their highest intensity proposal. As a result, realized payoffs are effectively identical to what they would be if the agenda were exogenous. The bonus vote matters; the chair's control of the agenda does not.
Storable Votes
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Author : Alessandra Casella
language : en
Publisher: Oxford University Press on Demand
Release Date : 2012-01-12
Storable Votes written by Alessandra Casella and has been published by Oxford University Press on Demand this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-01-12 with Business & Economics categories.
Storable votes allow the minority to win occasionally while treating every voter equally and increasing the efficiency of decision-making, without the need for external knowledge of voters' preferences. This book complements the theoretical discussion with several experiments, showing that the promise of the idea is borne out by the data: the outcomes of the experiments and the payoffs realized match very closely the predictions of the theory.
The Handbook Of Experimental Economics
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Author : John H. Kagel
language : en
Publisher: Princeton University Press
Release Date : 2016-09-20
The Handbook Of Experimental Economics written by John H. Kagel and has been published by Princeton University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-09-20 with Business & Economics categories.
An indispensable survey of new developments and results in experimental economics When The Handbook of Experimental Economics first came out in 1995, the notion of economists conducting lab experiments to generate data was relatively new. Since then, the field has exploded. This second volume of the Handbook covers some of the most exciting new growth areas in experimental economics, presents the latest results and experimental methods, and identifies promising new directions for future research. Featuring contributions by leading practitioners, the Handbook describes experiments in macroeconomics, charitable giving, neuroeconomics, other-regarding preferences, market design, political economy, subject population effects, gender effects, auctions, and learning and the economics of small decisions. Contributors focus on key developments and report on experiments, highlighting the dialogue between experimenters and theorists. While most of the experiments consist of laboratory studies, the book also includes several chapters that report extensively on field experiments related to the subject area studied. Covers exciting new growth areas in experimental economics Features contributions by leading experts Describes experiments in macroeconomics, charitable giving, neuroeconomics, market design, political economy, gender effects, auctions, and more Highlights the dialogue by experimenters with theorists and each other Includes several chapters covering field experiments related to the subject area studied
The British National Bibliography
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Author : Arthur James Wells
language : en
Publisher:
Release Date : 2009
The British National Bibliography written by Arthur James Wells and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with Bibliography, National categories.
Institutions Property Rights And Economic Growth
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Author : Sebastian Galiani
language : en
Publisher: Cambridge University Press
Release Date : 2014-04-17
Institutions Property Rights And Economic Growth written by Sebastian Galiani and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-04-17 with Business & Economics categories.
This volume showcases the impact of the work of Douglass North, father of the field of new institutional economics.
The Oxford Handbook Of Political Economy
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Author : Barry R. Weingast
language : en
Publisher: Oxford University Press
Release Date : 2008-06-20
The Oxford Handbook Of Political Economy written by Barry R. Weingast and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-06-20 with Political Science categories.
Over its long lifetime, "political economy" has had many different meanings: the science of managing the resources of a nation so as to provide wealth to its inhabitants for Adam Smith; the study of how the ownership of the means of production influenced historical processes for Marx; the study of the inter-relationship between economics and politics for some twentieth-century commentators; and for others, a methodology emphasizing individual rationality (the economic or "public choice" approach) or institutional adaptation (the sociological version). This Handbook views political economy as a grand (if imperfect) synthesis of these various strands, treating political economy as the methodology of economics applied to the analysis of political behavior and institutions. This Handbook surveys the field of political economy, with 58 chapters ranging from micro to macro, national to international, institutional to behavioral, methodological to substantive. Chapters on social choice, constitutional theory, and public economics are set alongside ones on voters, parties and pressure groups, macroeconomics and politics, capitalism and democracy, and international political economy and international conflict.
Report Of The Select Committee On U S National Security And Military Commercial Concerns With The People S Republic Of China
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Author : United States. Congress. House. Select Committee on U.S. National Security and Military/Commercial Concerns with the People's Republic of China
language : en
Publisher:
Release Date : 1999
Report Of The Select Committee On U S National Security And Military Commercial Concerns With The People S Republic Of China written by United States. Congress. House. Select Committee on U.S. National Security and Military/Commercial Concerns with the People's Republic of China and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with China categories.
Transmittal letter.
Working Paper Series
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Author :
language : en
Publisher:
Release Date : 2002
Working Paper Series written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002 with Economics categories.
Origins Of Nasa Names
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Author : Helen T. Wells
language : en
Publisher:
Release Date : 1976
Origins Of Nasa Names written by Helen T. Wells and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1976 with Aeronautics categories.
Democracy By The People
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Author : Timothy K. Kuhner
language : en
Publisher: Cambridge University Press
Release Date : 2018-11-29
Democracy By The People written by Timothy K. Kuhner and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-11-29 with Business & Economics categories.
Introduces citizens to solutions for reforming the American campaign finance system.