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来源类型Working Paper
规范类型报告
DOI10.3386/w11674
来源IDWorking Paper 11674
Minorities and Storable Votes
Alessandra Casella; Thomas Palfrey; Raymond Riezman
发表日期2005-10-03
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 desidered 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 of its strength of preferences is high and the majority's strength of preferences is low. The result is that aggregate efficiency either falls little 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Econometrics ; Experimental Design ; Microeconomics ; Welfare and Collective Choice ; Public Economics ; Other ; Law and Economics
URLhttps://www.nber.org/papers/w11674
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/569320
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GB/T 7714
Alessandra Casella,Thomas Palfrey,Raymond Riezman. Minorities and Storable Votes. 2005.
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