G2TT
来源类型Discussion paper
规范类型论文
来源IDDP3359
DP3359 Reputation-Based Pricing and Price Improvements in Dealership Markets
Thierry Foucault; Gabriel Desgranges
发表日期2002-05-20
出版年2002
语种英语
摘要We take up the discussion started by Condorcet on which voting system yields the highest probability that a good decision is taken. When regional information shocks are taken into account, an Electoral College system has advantages over simple majority vote under certain conditions: The probability that the utility-maximizing candidate wins is higher in the Electoral College system if the size of the adverse regional information shock is large.
主题Public Economics
关键词Electoral college Popular vote Regional information
URLhttps://cepr.org/publications/dp3359
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/532383
推荐引用方式
GB/T 7714
Thierry Foucault,Gabriel Desgranges. DP3359 Reputation-Based Pricing and Price Improvements in Dealership Markets. 2002.
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