Repeated Majority Voting
Pré-publication, Document de travail: We propose a general model of repeated voting in committees and study equilibrium behavior under alternative majority rules. We find that repetition may significantly increase the efficiency of majority voting through a mechanism of intertemporal logrolling, agents sometimes voting against their immediate preference to benefit the group’s long-term interest. In turn, this affects the comparison of majority rules, which may differ significantly relative to the static setting. The model provides a rationale for the use of super-majority rules, while accounting for the prevalence of consensus in committee voting.
Mots-clés JEL
Mots-clés
- Logrolling
- Repeated games
- Majority voting
- Preference intensities
- Consensus
Référence interne
- PSE Working Papers n°2024-16
Pages
- 52 p.
URL de la notice HAL
Version
- 1