Channeling the final say in politics: a simple mechanism

B-Tier
Journal: Economic Theory
Year: 2021
Volume: 71
Issue: 1
Pages: 151-183

Score contribution per author:

0.670 = (α=2.01 / 3 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Abstract We examine public project provision and redistribution in a model of legislative bargaining and provide a foundation of how to channel the say. We consider a large and heterogeneous legislature and show that socially optimal outcomes are obtained by a mechanism based on the majority rule that involves two proposal-making rounds, with the minority moving first and the majority moving second.

Technical Details

RePEc Handle
repec:spr:joecth:v:71:y:2021:i:1:d:10.1007_s00199-019-01236-1
Journal Field
Theory
Author Count
3
Added to Database
2026-01-25