Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen:
https://hdl.handle.net/10419/26243
Kompletter Metadatensatz
DublinCore-Feld | Wert | Sprache |
---|---|---|
dc.contributor.author | Gersbach, Hans | en |
dc.contributor.author | Fahrenberger, Theresa | en |
dc.date.accessioned | 2008-02-14 | - |
dc.date.accessioned | 2009-07-28T08:29:29Z | - |
dc.date.available | 2009-07-28T08:29:29Z | - |
dc.date.issued | 2008 | - |
dc.identifier.uri | http://hdl.handle.net/10419/26243 | - |
dc.description.abstract | 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 majority voting scheme takes place. Voting splits the committee into three groups: voting winners, voting losers, and absentees. Under minority voting only voting losers keep the voting right in the second period. We show that as soon as absolute risk aversion exceeds a threshold value minority voting is superior to repeated application of the simple majority rule. | en |
dc.language.iso | eng | en |
dc.publisher | |aCenter for Economic Studies and ifo Institute (CESifo) |cMunich | en |
dc.relation.ispartofseries | |aCESifo Working Paper |x2198 | en |
dc.subject.jel | D7 | en |
dc.subject.ddc | 330 | en |
dc.subject.keyword | voting | en |
dc.subject.keyword | minority | en |
dc.subject.keyword | durable decision | en |
dc.subject.keyword | risk aversion | en |
dc.subject.keyword | tyranny of majority rules | en |
dc.subject.stw | Abstimmungsregel | en |
dc.subject.stw | Minderheit | en |
dc.subject.stw | Wahlsystem | en |
dc.subject.stw | Zeitkonsistenz | en |
dc.subject.stw | Risikoaversion | en |
dc.subject.stw | Public Choice | en |
dc.title | Minority voting and long-term decisions | - |
dc.type | Working Paper | en |
dc.identifier.ppn | 558345530 | en |
dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | en |
Datei(en):
Publikationen in EconStor sind urheberrechtlich geschützt.