A Model of Corporate Board of Directors Elections
Game-theoretic model of election to a corporate board of directors is proposed. It is shown that the equilibrium distribution of seats is unique. The uniqueness guarantees nonmanipulability of elections. The distribution is obtained by the d’Hondt method of seats distribution in proportional representation problem. The model is tested on real data from a Russian company.
Volume (Year): (2011)
Issue (Month): 12 ()
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- Ordeshook, Peter C & Zeng, Langche, 1994. "Some Properties of Hare Voting with Strategic Voters," Public Choice, Springer, vol. 78(1), pages 87-101, January.
- Russell Golman & Scott Page, 2009. "General Blotto: games of allocative strategic mismatch," Public Choice, Springer, vol. 138(3), pages 279-299, March.
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