G2TT
来源类型Discussion paper
规范类型论文
来源IDDP5265
DP5265 Russia's Regions: Income Volatility, Labour Mobility and Fiscal Policy
Antonio Spilimbergo; Goohoon Kwon
发表日期2005-10-23
出版年2005
语种英语
摘要The paper studies a simple voting system that has the potential to increase the power of minorities without sacrificing aggregate efficiency. Storable votes grant each voter a stock of votes to spend as desired over a series of binary decisions. By cumulating votes on issues that it deems most important, the minority can win occasionally. But because the majority typically can outvote it, the minority wins only if its strength of preferences is high and the majority's strength of preferences is low. The result is that aggregate efficiency either falls slightly or in fact rises. The theoretical predictions are confirmed by a series of experiments: the frequency of minority victories, the relative payoff of the minority versus the majority, and the aggregate payoffs all match the theory.
主题Public Economics
关键词Voting Minorities Tyranny of the majority Experiments
URLhttps://cepr.org/publications/dp5265
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/534145
推荐引用方式
GB/T 7714
Antonio Spilimbergo,Goohoon Kwon. DP5265 Russia's Regions: Income Volatility, Labour Mobility and Fiscal Policy. 2005.
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