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The option to wait in collective decisions

  • Mattias K. Polborn

    (Univ. of Illinois at Urbana-Champaign)

  • Matthias Messner

    (Bocconi Univ., Milan)

We also explore the robustness of our model when second period valuations are correlated across individuals, and when each individual's first and second period types are correlated.

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Paper provided by Society for Economic Dynamics in its series 2008 Meeting Papers with number 397.

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Date of creation: 2008
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Handle: RePEc:red:sed008:397
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  1. Philip Bond & Hulya Eraslan, 2008. "Strategic Voting over Strategic Proposals," Economics Working Paper Archive 547, The Johns Hopkins University,Department of Economics.
  2. Matthias Messner & Mattias K. Polborn, 2004. "Voting on Majority Rules," Review of Economic Studies, Wiley Blackwell, vol. 71(1), pages 115-132, 01.
  3. Philip Bond & Hülya Eraslan, 2004. "Strategic Voting over Strategic Proposals, Second Version," PIER Working Paper Archive 07-014, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 02 Jan 2007.
  4. Glazer, Amihai, 1989. "Politics and the Choice of Durability," American Economic Review, American Economic Association, vol. 79(5), pages 1207-13, December.
  5. Guttman, Joel M., 1998. "Unanimity and majority rule: the calculus of consent reconsidered," European Journal of Political Economy, Elsevier, vol. 14(2), pages 189-207, May.
  6. Philippe Aghion & Patrick Bolton, 2003. "Incomplete Social Contracts," Journal of the European Economic Association, MIT Press, vol. 1(1), pages 38-67, 03.
  7. Tullock, Gordon, 1998. "Reply to Guttman," European Journal of Political Economy, Elsevier, vol. 14(2), pages 215-218, May.
  8. Roger B. Myerson & Daniel Diermeier, 1999. "Bicameralism and Its Consequences for the Internal Organization of Legislatures," American Economic Review, American Economic Association, vol. 89(5), pages 1182-1196, December.
  9. Caplin, Andrew S & Nalebuff, Barry J, 1988. "On 64%-Majority Rule," Econometrica, Econometric Society, vol. 56(4), pages 787-814, July.
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