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Dividing resources by flexible majority rules

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  • Hans Gersbach

Abstract

We examine the division of resources among individuals by flexible majority rules where the majority necessary to adopt a proposal depends on the proposal itself. For instance, the size of the majority may increase with the maximal difference between the shares individuals receive. For large discount factors such rules imply an efficient and even distribution of resources. For low discount factors flexible majority rules supplemented by specific agenda-planning rules such as agenda rights for the opposition guarantee envy-free distribution. Uncertainty about discount rates can make it easier to achieve efficient and envy-free allocations. Copyright Springer-Verlag 2004

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  • Hans Gersbach, 2004. "Dividing resources by flexible majority rules," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 23(2), pages 295-308, October.
    • Handle: RePEc:spr:sochwe:v:23:y:2004:i:2:p:295-308
    DOI: 10.1007/s00355-004-0314-6
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    Cited by:

    1. Toke Aidt & Francesco Giovannoni, 2011. "Critical decisions and constitutional rules," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 37(2), pages 219-268, July.
    2. Hans Gersbach & Lars-H. Siemers, 2014. "Can democracy induce development? A constitutional perspective," Public Choice, Springer, vol. 159(1), pages 177-196, April.
    3. Gersbach, Hans, 2017. "Flexible Majority Rules in democracyville: A guided tour," Mathematical Social Sciences, Elsevier, vol. 85(C), pages 37-43.
    4. Christopher Cotton, 2010. "Dynamic Legislative Bargaining with Endogenous Agenda Setting Authority," Working Papers 2010-20, University of Miami, Department of Economics.
    5. Gersbach, Hans & Mühe, Felix, 2011. "Vote-Buying And Growth," Macroeconomic Dynamics, Cambridge University Press, vol. 15(5), pages 656-680, November.
    6. Liu, Shuo, 2019. "Voting with public information," Games and Economic Behavior, Elsevier, vol. 113(C), pages 694-719.
    7. Markus Müller, 2009. "Vote-Share Contracts and Learning-by-Doing," CER-ETH Economics working paper series 09/114, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.

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