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Dividing One Euro, Democratically

Author

Listed:
  • Laslier, J.-F.
  • Picard, N.

Abstract

In this paper, concepts from the theory of electoral competition are applied to the classical problem of dividing one unit of a homogeneous good. If the Uncovered set selects almost all divisions, other concepts (Minimal Covering set, Bipartisan set) predict that very unequal divisions are not selected.

Suggested Citation

  • Laslier, J.-F. & Picard, N., 1999. "Dividing One Euro, Democratically," Papers 99-23, Paris X - Nanterre, U.F.R. de Sc. Ec. Gest. Maths Infor..
    • Handle: RePEc:fth:pnegmi:99-23
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    Cited by:

    1. Laslier, Jean-Francois & Picard, Nathalie, 2002. "Distributive Politics and Electoral Competition," Journal of Economic Theory, Elsevier, vol. 103(1), pages 106-130, March.
    2. LASLIER, Jean-François & PICARD, Nathalie, 2000. "Distributive politics: does electoral competition promote inequality ?," LIDAM Discussion Papers CORE 2000022, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).

    More about this item

    Keywords

    INCOME REDISTRIBUTION ; SOCIAL CHOICE ; VOTING;
    All these keywords.

    JEL classification:

    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior

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