Voting behavior and information aggregation in elections with private information
Article Abstract:
An analysis of voter behavior in the presence of private information reveals that the number of voters using private information as a basis of making choices is inversely proportional to the size of the electorate. The study also reveals that the effectivity of election mechanisms are dependent on the kind of information environment present. Factors determining the information environment such as nomination, campaigns, polls, etc. and the rules concerning these factors should be taken into account in the formulation of further studies.
Publication Name: Econometrica
Subject: Mathematics
ISSN: 0012-9682
Year: 1997
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The Noah's ark problem
Article Abstract:
An interesting application of the biodiversity preservation model in project ranking is presented. The biodiversity preservation model is a useful project optimization tool since it efficiently allocates scarce public funds to priority social projects. The key to the effectiveness of the model lies in the identification of the distinctiveness of the project, the value of the project in terms of its social returns, the survival potential of the project and the cost terms associated with the project's survival.
Publication Name: Econometrica
Subject: Mathematics
ISSN: 0012-9682
Year: 1998
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Social distance and social decisions
Article Abstract:
An model of social distance reveals that social decisions are based on initial assumptions that the social position of others are fixed. The study also reveals that social distance is directly related to social decision wherin the first determines the second and that class position may play an important role in the formulation of social decisions.
Publication Name: Econometrica
Subject: Mathematics
ISSN: 0012-9682
Year: 1997
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