G2TT
来源类型Discussion paper
规范类型论文
来源IDDP12492
DP12492 On the Optimal Majority Rule
Philippe Jehiel; Olivier Compte
发表日期2017-12-08
出版年2017
语种英语
摘要We develop a simple model that rationalizes why less stringent majority rules are preferable to unanimity in large committees. Proposals are randomly generated and the running proposal is adopted whenever it is approved by a sufficiently large share of voters. Unanimity induces excessive delays while too weak majority requirements induce the adoption of suboptimal proposals. The optimal majority rule balances these two inefficiencies: it requires the approval by a share equal to the probability (assumed to be constant across proposals) that a given member gets more than the average welfare associated with the running proposal. Various extensions are considered.
主题Industrial Organization
URLhttps://cepr.org/publications/dp12492
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/541303
推荐引用方式
GB/T 7714
Philippe Jehiel,Olivier Compte. DP12492 On the Optimal Majority Rule. 2017.
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