Description: Storable Votes by Alessandra Casella Estimated delivery 3-12 business days Format Hardcover Condition Brand New Description Storable votes allow the minority to win occasionally while treating every voter equally and increasing the efficiency of decision-making, without the need for external knowledge of voters preferences. This book complements the theoretical discussion with several experiments, showing that the promise of the idea is borne out by the data: the outcomes of the experiments and the payoffs realized match very closely the predictions of the theory. Publisher Description Storable votes are a simple voting scheme that allows the minority to win occasionally, while treating every voter equally. Because the minority wins only when it cares strongly about a decision while the majority does not, minority victories occur without large costs and indeed typically with gains for the community as a whole. The idea is simple: consider a group of voters faced with a series of proposals, each of which can either pass orfail. Decisions are taken according to the majority of votes cast, but each voter is endowed with a total budget of votes to spend freely over the multiple decisions. Because voters will choose to castmore votes on decisions that matter to them most, they reveal the intensity of their preferences, and increase their probability of winning exactly when it matters to them most. Thus storable votes elicit and reward voters intensity of preferences without the need for any external knowledge of voters preferences. By treating everyone equally and ruling out interpersonal vote trades, they are in line with common ethical priors and are robust to criticisms, both normative and positive, thataffect vote markets. The book complements the theoretical discussion with several experiments, showing that the promise of the idea is borne out by the data: the outcomes of the experiments and thepayoffs realized match very closely the predictions of the theory. Because the intuition behind the voting scheme is so simple: "vote more when you care more," the results are robust across different scenarios, even when more subtle strategic effects are not identified by the subjects, suggesting that the voting scheme may have real potential for practical applications.Alessandra Casella has used the tools of economics to develop this idea both theoretically andexperimentally in major economics journals, but this is the first book-length treatment of the subject. Author Biography Alessandra Casella is Professor of Economics at Columbia University and Research Associate of the National Bureau of Economic Research (Cambridge, MA) and the Center for Economic Policy Research (London). After studying at Universita Bocconi in Italy, she received her Ph.D. in Economics from MIT, and taught at UC Berkeley before moving to Columbia. From 1996 to 2010, she was also Directeur d Etudes at the Ecole de Hautes Etudes en SciencesSociales (EHESS, Paris).Casellas proposal for a system of Tradable Deficit Permits in the European Union has been widely studied and was briefly implemented in Austria to discipline the creation of domestic debt. Details ISBN 019530909X ISBN-13 9780195309096 Title Storable Votes Author Alessandra Casella Format Hardcover Year 2012 Pages 384 Publisher Oxford University Press Inc GE_Item_ID:137013649; About Us Grand Eagle Retail is the ideal place for all your shopping needs! With fast shipping, low prices, friendly service and over 1,000,000 in stock items - you're bound to find what you want, at a price you'll love! Shipping & Delivery Times Shipping is FREE to any address in USA. Please view eBay estimated delivery times at the top of the listing. Deliveries are made by either USPS or Courier. We are unable to deliver faster than stated. International deliveries will take 1-6 weeks. NOTE: We are unable to offer combined shipping for multiple items purchased. This is because our items are shipped from different locations. Returns If you wish to return an item, please consult our Returns Policy as below: Please contact Customer Services and request "Return Authorisation" before you send your item back to us. Unauthorised returns will not be accepted. Returns must be postmarked within 4 business days of authorisation and must be in resellable condition. Returns are shipped at the customer's risk. We cannot take responsibility for items which are lost or damaged in transit. For purchases where a shipping charge was paid, there will be no refund of the original shipping charge. Additional Questions If you have any questions please feel free to Contact Us. Categories Baby Books Electronics Fashion Games Health & Beauty Home, Garden & Pets Movies Music Sports & Outdoors Toys
Price: 90.93 USD
Location: Calgary, Alberta
End Time: 2024-12-29T04:19:47.000Z
Shipping Cost: 0 USD
Product Images
Item Specifics
Restocking Fee: No
Return shipping will be paid by: Buyer
All returns accepted: Returns Accepted
Item must be returned within: 30 Days
Refund will be given as: Money Back
ISBN-13: 9780195309096
Book Title: Storable Votes
Number of Pages: 384 Pages
Publication Name: Storable Votes : Protecting the Minority Voice
Language: English
Publisher: Oxford University Press, Incorporated
Subject: Political Process / Campaigns & Elections, Decision-Making & Problem Solving, Econometrics
Item Height: 1 in
Publication Year: 2011
Type: Textbook
Item Weight: 23.4 Oz
Item Length: 6.4 in
Subject Area: Political Science, Business & Economics
Author: Alessandra Casella
Item Width: 9.3 in
Format: Hardcover
