Democratic mechanisms: double majority rules and flexible agenda costs
We introduce democratic mechanisms where individual utilities are not observable by other people at the legislative stage. We show that the combination of three rules can yield e±cient provision of public projects: first, flexible and double majority rules where the size of the majority depends on t...
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| Main Author: | |
|---|---|
| Format: | Book/Monograph Working Paper |
| Language: | English |
| Published: |
München
CESifo
2002
|
| Series: | CESifo Working Paper Category 2: Public Choice
749 |
| In: |
CESifo working papers (749)
|
| Subjects: | |
| Online Access: | Resolving-System, Volltext: http://hdl.handle.net/10419/76097 Verlag, Volltext: http://www.cesifo-group.de/ifoHome/publications/working-papers/CESifoWP/CESifoWPdetails?wp_id=14560372 |
| Author Notes: | Hans Gersbach |
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