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Aggregation and Social Choice: A Mean Voter Theorem

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Cited by:

  1. Alex Edmans & Xavier Gabaix, 2011. "Tractability in Incentive Contracting," The Review of Financial Studies, Society for Financial Studies, vol. 24(9), pages 2865-2894.
  2. Mich Tvede & Hervé Crés, 2005. "Voting in assemblies of shareholders and incomplete markets," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 26(4), pages 887-906, November.
  3. repec:spo:wpmain:info:hdl:2441/10284 is not listed on IDEAS
  4. Mahajan, Aseem & Pongou, Roland & Tondji, Jean-Baptiste, 2023. "Supermajority politics: Equilibrium range, policy diversity, utilitarian welfare, and political compromise," European Journal of Operational Research, Elsevier, vol. 307(2), pages 963-974.
  5. Ismaël Mourifié & Marc Henry & Romuald Méango, 2020. "Sharp Bounds and Testability of a Roy Model of STEM Major Choices," Journal of Political Economy, University of Chicago Press, vol. 128(8), pages 3220-3283.
  6. repec:hal:spmain:info:hdl:2441/10284 is not listed on IDEAS
  7. CRES, Herve, 2000. "Majority stable production equilibria : a multivariate mean shareholders theorem," HEC Research Papers Series 706, HEC Paris.
  8. Xefteris, Dimitrios, 2016. "Stability in electoral competition: A case for multiple votes," Journal of Economic Theory, Elsevier, vol. 161(C), pages 76-102.
  9. Hervé Crès & Mich Tvede, 2011. "Production externalities: internalization by voting," SciencePo Working papers Main hal-00972983, HAL.
  10. Liu, Lin & Wang, X. Henry & Yu, Haojun, 2022. "Sequential search with partial depth," Economics Letters, Elsevier, vol. 216(C).
  11. Mich Tvede & Hervé Crès, 2001. "Voting in Assemblies of shareholders and Incomplete Markets," SciencePo Working papers hal-01064884, HAL.
  12. repec:hal:wpspec:info:hdl:2441/10277 is not listed on IDEAS
  13. Catherine Bobtcheff & Jérôme Bolte & Thomas Mariotti, 2017. "Researcher’s Dilemma," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 84(3), pages 969-1014.
  14. Michel Le Breton & Shlomo Weber, 2003. "The Art of Making Everybody Happy: How to Prevent a Secession," IMF Staff Papers, Palgrave Macmillan, vol. 50(3), pages 1-4.
  15. Laszlo A. Koczy & Balazs Sziklai, 2013. "Electing the Pope," CERS-IE WORKING PAPERS 1315, Institute of Economics, Centre for Economic and Regional Studies.
  16. Kieron Meagher & Arghya Ghosh, 2004. "Political Economy of Infrastructure Investment: A Spatial Approach," Econometric Society 2004 North American Summer Meetings 561, Econometric Society.
  17. Hervé Crès & Utku Unver, 2005. "Ideology and existence of 50% : Majority equilibria in multidimensional spatial voting models," SciencePo Working papers hal-01065582, HAL.
  18. Amartya Sen, 1995. "How to Judge Voting Schemes," Journal of Economic Perspectives, American Economic Association, vol. 9(1), pages 91-98, Winter.
  19. Eugenio J. Miravete, 2001. "Screening Through Bundling," Penn CARESS Working Papers 3b8e0b3847b08b90e8570987c, Penn Economics Department.
  20. repec:hal:spmain:info:hdl:2441/eu4vqp9ompqllr09iepsg269m is not listed on IDEAS
  21. repec:spo:wpecon:info:hdl:2441/10282 is not listed on IDEAS
  22. Xefteris, Dimitrios, 2017. "Multidimensional electoral competition between differentiated candidates," Games and Economic Behavior, Elsevier, vol. 105(C), pages 112-121.
  23. Gibbons, Robert & Katz, Lawrence F, 1991. "Layoffs and Lemons," Journal of Labor Economics, University of Chicago Press, vol. 9(4), pages 351-380, October.
  24. Mark Armstrong & Jidong Zhou, 2022. "Consumer Information and the Limits to Competition," American Economic Review, American Economic Association, vol. 112(2), pages 534-577, February.
  25. Per Hjertstrand, 2023. "On the Curvature of Homogeneous Functions," Journal of Optimization Theory and Applications, Springer, vol. 198(1), pages 215-223, July.
  26. Mr. Michel Le Breton & Mr. Shlomo Weber, 2001. "The Art of Making Everybody Happy: How to Prevent a Secession," IMF Working Papers 2001/176, International Monetary Fund.
  27. repec:hal:wpspec:info:hdl:2441/eu4vqp9ompqllr09iepsg269m is not listed on IDEAS
  28. Kwiek, Maksymilian, 2014. "Conclave," European Economic Review, Elsevier, vol. 70(C), pages 258-275.
  29. Hervé Crès & Mich Tvede, 2005. "Portfolio Diversification and Internalization of Production Externalities through Majority Voting," SciencePo Working papers hal-01065579, HAL.
  30. Hjertstrand, Per, 2020. "Homogeneity, Returns to Scale and (Log)Concavity," Working Paper Series 1328, Research Institute of Industrial Economics.
  31. Gilles Saint‐Paul & Davide Ticchi & Andrea Vindigni, 2021. "Engineering crises: Favoritism and strategic fiscal indiscipline," Economics and Politics, Wiley Blackwell, vol. 33(3), pages 583-610, November.
  32. Cesar Martinelli & Richard Sicotte, 2004. "Voting in Cartels: Theory and Evidence from the Shipping Industry," Working Papers 0404, Centro de Investigacion Economica, ITAM, revised 05 Mar 2004.
  33. repec:spo:wpecon:info:hdl:2441/10281 is not listed on IDEAS
  34. Suen, Richard M.H., 2018. "Standard risk aversion and efficient risk sharing," Economics Letters, Elsevier, vol. 173(C), pages 23-26.
  35. Hervé Crès, 2000. "Majority Stable Production Equilibria: A Multivariate Mean Shareholders Theorem," SciencePo Working papers hal-01064883, HAL.
  36. An, Mark Yuying, 1998. "Logconcavity versus Logconvexity: A Complete Characterization," Journal of Economic Theory, Elsevier, vol. 80(2), pages 350-369, June.
  37. Hervé Crès & Mich Tvede, 2001. "Proxy fights in incomplete markets: when majority voting and sidepayments are equivalent," Working Papers hal-00597200, HAL.
  38. Daisuke Oyama & Yasuhiro Sato & Takatoshi Tabuchi & Jacques-François Thisse, 2009. "On the impact of trade on industrial structures: The role of entry cost heterogeneity," Working Papers halshs-00566786, HAL.
  39. Bernd Hayo & Pierre-Guillaume Méon, 2013. "Behind closed doors: Revealing the ECB’s decision rule," Post-Print CEB, ULB -- Universite Libre de Bruxelles, vol. 37, pages 135-160, October.
  40. Grandmont, Jean-Michel, 1992. "Transformations of the commodity space, behavioral heterogeneity, and the aggregation problem," Journal of Economic Theory, Elsevier, vol. 57(1), pages 1-35.
  41. Gadat, Sébastien & Panloup, Fabien & Pellegrini, C., 2020. "On the cost of Bayesian posterior mean strategy for log-concave models," TSE Working Papers 20-1155, Toulouse School of Economics (TSE), revised Feb 2022.
  42. Pierre-Guillaume Méon, 2006. "Majority voting with stochastic preferences: The whims of a committee are smaller than the whims of its members," Constitutional Political Economy, Springer, vol. 17(3), pages 207-216, September.
  43. Tamás L. Balogh & Christian Ewerhart, 2015. "On the origin of r-concavity and related concepts," ECON - Working Papers 187, Department of Economics - University of Zurich.
  44. Mares, Vlad & Swinkels, Jeroen M., 2011. "Near-optimality of second price mechanisms in a class of asymmetric auctions," Games and Economic Behavior, Elsevier, vol. 72(1), pages 218-241, May.
  45. Hervé Crès & Mich Tvede, 2005. "Portfolio Diversification and Internalization of Production Externalities through Majority Voting," Working Papers hal-00587205, HAL.
  46. Sayantan Ghosal & Lukasz Woźny, 2024. "Lindahl meets Condorcet?," Working Papers 2024_08, Business School - Economics, University of Glasgow.
  47. Paul Anglin & Richard Arnott, 1999. "Are Brokers' Commission Rates on Home Sales Too High? A Conceptual Analysis," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 27(4), pages 719-749, December.
  48. Robert Akerlof & Richard Holden, 2012. "The nature of tournaments," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 51(2), pages 289-313, October.
  49. Anderson, Simon P. & Renault, Regis, 2003. "Efficiency and surplus bounds in Cournot competition," Journal of Economic Theory, Elsevier, vol. 113(2), pages 253-264, December.
  50. Günther, Laurenz & Günther, Laurenz, 2022. "Lack of Substantive Representation in Europe: Causes and Consequences," VfS Annual Conference 2022 (Basel): Big Data in Economics 264114, Verein für Socialpolitik / German Economic Association.
  51. von Thadden, Ernst-Ludwig, 2002. "An incentive problem in the dynamic theory of banking," Journal of Mathematical Economics, Elsevier, vol. 38(1-2), pages 271-292, September.
  52. Archishman Chakraborty & Rick Harbaugh, 2010. "Persuasion by Cheap Talk," American Economic Review, American Economic Association, vol. 100(5), pages 2361-2382, December.
    • Archishman Chakraborty & Rick Harbaugh, 2006. "Persuasion by Cheap Talk," Working Papers 2006-10, Indiana University, Kelley School of Business, Department of Business Economics and Public Policy, revised Oct 2009.
  53. Haimanko, Ori & Le Breton, Michel & Weber, Shlomo, 2005. "Transfers in a polarized country: bridging the gap between efficiency and stability," Journal of Public Economics, Elsevier, vol. 89(7), pages 1277-1303, July.
  54. Lan Luo & P. K. Kannan & Brian T. Ratchford, 2007. "New Product Development Under Channel Acceptance," Marketing Science, INFORMS, vol. 26(2), pages 149-163, 03-04.
  55. Stefan Krause & Fabio Méndez, 2005. "Policy Makers' Preferences, Party Ideology, and the Political Business Cycle," Southern Economic Journal, John Wiley & Sons, vol. 71(4), pages 752-767, April.
  56. Simon Cowan, 2007. "The welfare effects of third-degree price discrimination with nonlinear demand functions," RAND Journal of Economics, RAND Corporation, vol. 38(2), pages 419-428, June.
  57. Hervé Crès & Mich Tvede, 2005. "Portfolio Diversification and Internalization of Production Externalities through Majority Voting," SciencePo Working papers Main hal-01065579, HAL.
  58. Peter M. DeMarzo & Dimitri Vayanos & Jeffrey Zwiebel, 2003. "Persuasion Bias, Social Influence, and Unidimensional Opinions," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 118(3), pages 909-968.
  59. AMIR, Rabah & CZUPRYNA, Marcin, 2004. "On inverse utility and third-order effects in the economics of uncertainty," LIDAM Discussion Papers CORE 2004045, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
  60. repec:spo:wpmain:info:hdl:2441/10282 is not listed on IDEAS
  61. Piera Mazzoleni & Elisa Pagani & Federico Perali, 2019. "The curvature properties of social welfare functions," Working Papers 493, ECINEQ, Society for the Study of Economic Inequality.
  62. Hongzhou Chen & Xiaolin Duan & Abdulmotaleb El Saddik & Wei Cai, 2024. "Political Leanings in Web3 Betting: Decoding the Interplay of Political and Profitable Motives," Papers 2407.14844, arXiv.org.
  63. Hervé Crès & M. Utku Ünver, 2010. "Ideology and Existence of 50%-Majority Equilibria in Multidimensional Spatial Voting Models," Journal of Theoretical Politics, , vol. 22(4), pages 431-444, October.
  64. repec:spo:wpmain:info:hdl:2441/eu4vqp9ompqllr09ieq060086 is not listed on IDEAS
  65. repec:hal:wpspec:info:hdl:2441/10283 is not listed on IDEAS
  66. Hervé Crès, 2006. "A Geometric Study of Shareholders’ Voting in Incomplete Markets: Multivariate Median and Mean Shareholder Theorems," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 27(2), pages 377-406, October.
  67. repec:spo:wpecon:info:hdl:2441/eu4vqp9ompqllr09iepsg269m is not listed on IDEAS
  68. repec:hal:spmain:info:hdl:2441/10281 is not listed on IDEAS
  69. Daisuke Oyama & Yasuhiro Sato & Takatoshi Tabuchi & Jacques‐François Thisse, 2011. "On the impact of trade on the industrial structures of nations," International Journal of Economic Theory, The International Society for Economic Theory, vol. 7(1), pages 93-109, March.
  70. Bryan Caplan, 2001. "Has Leviathan Been Bound? A Theory of Imperfectly Constrained Government with Evidence from the States," Southern Economic Journal, John Wiley & Sons, vol. 67(4), pages 825-847, April.
  71. Hervé Crès & Mich Tvede, 2004. "The Drèze and Grossman-Hart criteria for production in incomplete markets: Voting foundations and compared political stability," Working Papers hal-00591676, HAL.
  72. Gomberg, Andrei, 2004. "Sorting equilibrium in a multi-jurisdiction model," Journal of Economic Theory, Elsevier, vol. 116(1), pages 138-154, May.
  73. Tovey, Craig A., 2010. "The instability of instability of centered distributions," Mathematical Social Sciences, Elsevier, vol. 59(1), pages 53-73, January.
  74. Kunal Sengupta & Murali Agastya, 2004. "Extremes and Moderates: A Characterization and an Application to Lobbying," Econometric Society 2004 North American Summer Meetings 404, Econometric Society.
  75. Gabaix, Xavier & Sannikov, Yuliy & Edmans, Alex & Sadzik, Tomasz, 2009. "Dynamic Incentive Accounts," CEPR Discussion Papers 7497, C.E.P.R. Discussion Papers.
  76. repec:spo:wpmain:info:hdl:2441/eu4vqp9ompqllr09iepsg269m is not listed on IDEAS
  77. Andrei Gomberg & Francisco Marhuenda & Ignacio Ortuño-Ortín, 2004. "A model of endogenous political party platforms," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 24(2), pages 373-394, August.
  78. Jonathan Levin & Barry Nalebuff, 1995. "An Introduction to Vote-Counting Schemes," Journal of Economic Perspectives, American Economic Association, vol. 9(1), pages 3-26, Winter.
  79. Edward Wesep, 2012. "Defensive Politics," Public Choice, Springer, vol. 151(3), pages 425-444, June.
  80. Josep M. Colomer, 1999. "On the Geometry of Unanimity Rule," Journal of Theoretical Politics, , vol. 11(4), pages 543-553, October.
  81. repec:hal:spmain:info:hdl:2441/10282 is not listed on IDEAS
  82. repec:spo:wpmain:info:hdl:2441/10283 is not listed on IDEAS
  83. Piera Mazzoleni & Elisa Pagani & Federico Perali, 2023. "On the Curvature Properties of “Long” Social Welfare Functions," Mathematics, MDPI, vol. 11(7), pages 1-14, March.
  84. repec:hal:wpspec:info:hdl:2441/10284 is not listed on IDEAS
  85. Peitz, Martin, 2000. "Aggregation in a Model of Price Competition," Journal of Economic Theory, Elsevier, vol. 90(1), pages 1-38, January.
  86. Rolf Aaberge, 2007. "Gini’s nuclear family," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 5(3), pages 305-322, December.
  87. repec:hal:spmain:info:hdl:2441/10277 is not listed on IDEAS
  88. Hervé Crès & Mich Tvede, 2023. "Corporate self-regulation of imperfect competition," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 75(4), pages 1181-1205, May.
  89. Kleinberg Norman L. & Ma Barry & Weiss Jeffrey, 2012. "On a Notion of Similarity with Endowments in Public Economics," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 12(1), pages 1-12, July.
  90. Kamiya, Hidehiko & Takemura, Akimichi, 2005. "Characterization of rankings generated by linear discriminant analysis," Journal of Multivariate Analysis, Elsevier, vol. 92(2), pages 343-358, February.
  91. Andrew Mackenzie, 2020. "An axiomatic analysis of the papal conclave," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 69(3), pages 713-743, April.
  92. repec:hal:spmain:info:hdl:2441/10283 is not listed on IDEAS
  93. Crès, Hervé & Tvede, Mich, 2009. "Production in incomplete markets: Expectations matter for political stability," Journal of Mathematical Economics, Elsevier, vol. 45(3-4), pages 212-222, March.
  94. DavidP. Myatt & Chris Wallace, 2009. "Evolution, Teamwork and Collective Action: Production Targets in the Private Provision of Public Goods," Economic Journal, Royal Economic Society, vol. 119(534), pages 61-90, January.
  95. Madeleine Cule & Richard Samworth & Michael Stewart, 2010. "Maximum likelihood estimation of a multi‐dimensional log‐concave density," Journal of the Royal Statistical Society Series B, Royal Statistical Society, vol. 72(5), pages 545-607, November.
  96. Berg, Aron, 2017. "Misvaluation and Financial Constraints: Method of Payment and Buyer Identity in Mergers & Acquisitions," Working Paper Series 1157, Research Institute of Industrial Economics.
  97. repec:hal:wpspec:info:hdl:2441/eu4vqp9ompqllr09ieq060086 is not listed on IDEAS
  98. Mackenzie, Andrew, 2018. "A Game of the Throne of Saint Peter," Research Memorandum 015, Maastricht University, Graduate School of Business and Economics (GSBE).
  99. Hervé Crès & Mich Tvede, 2011. "Production externalities: internalization by voting," SciencePo Working papers hal-00972983, HAL.
  100. Hervé Crès & Mich Tvede, 2001. "Proxy fights in incomplete markets: when majority voting and sidepayments are equivalent," SciencePo Working papers hal-01065004, HAL.
  101. repec:hal:wpspec:info:hdl:2441/10281 is not listed on IDEAS
  102. JAY S. COGGINS & C. Federico Perali, 1994. "64% Majority Rule in Ducal Venice: Voting for the Doge," Wisconsin-Madison Agricultural and Applied Economics Staff Papers 375, Wisconsin-Madison Agricultural and Applied Economics Department.
  103. repec:spo:wpmain:info:hdl:2441/10277 is not listed on IDEAS
  104. Hervé Crès & Mich Tvede, 2013. "Production externalities: internalization by voting," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 53(2), pages 403-424, June.
  105. Mich Tvede & Hervé Crès, 2001. "Voting in Assemblies of shareholders and Incomplete Markets," SciencePo Working papers Main hal-01064884, HAL.
  106. Caplin, Andrew & Nalebuff, Barry, 1991. "Aggregation and Imperfect Competition: On the Existence of Equilibrium," Econometrica, Econometric Society, vol. 59(1), pages 25-59, January.
  107. repec:spo:wpmain:info:hdl:2441/10281 is not listed on IDEAS
  108. repec:spo:wpecon:info:hdl:2441/eu4vqp9ompqllr09ieq060086 is not listed on IDEAS
  109. Oliveros, Santiago, 2013. "Abstention, ideology and information acquisition," Journal of Economic Theory, Elsevier, vol. 148(3), pages 871-902.
  110. Miravete, Eugenio J., 2011. "Convolution and composition of totally positive random variables in economics," Journal of Mathematical Economics, Elsevier, vol. 47(4-5), pages 479-490.
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  113. Margaret Stevens, 2003. "Earnings Functions, Specific Human Capital, and Job Matching: Tenure Bias Is Negative," Journal of Labor Economics, University of Chicago Press, vol. 21(4), pages 783-806, October.
  114. Maria Gallego & Norman Schofield & Kevin McAlister & Jee Jeon, 2014. "The variable choice set logit model applied to the 2004 Canadian election," Public Choice, Springer, vol. 158(3), pages 427-463, March.
  115. Čaklović, Lavoslav & Kurdija, Adrian Satja, 2017. "A universal voting system based on the Potential Method," European Journal of Operational Research, Elsevier, vol. 259(2), pages 677-688.
  116. De Donder, Philippe & Gallego, Maria, 2017. "Electoral Competition and Party Positioning," TSE Working Papers 17-760, Toulouse School of Economics (TSE).
  117. Jean Pierre TRANCHANT & Grégoire ROTA-GRAZIOSI & Léandre BASSOLE & Jean-Louis ARCAND, 2006. "The Making of a (vice-) President: Party Politics, Ethnicity, Village Loyalty and Community-Driven Development," Working Papers 200633, CERDI.
  118. Hervé Crès & Mich Tvede, 2001. "Proxy fights in incomplete markets: when majority voting and sidepayments are equivalent," SciencePo Working papers Main hal-01065004, HAL.
  119. Ignacio Ortuño Ortín, 1998. "- Ideological Versus Downsian Political Competition," Working Papers. Serie AD 1998-22, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
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  121. Grüner, Hans Peter, 2003. "Inequality and Political Consensus," CEPR Discussion Papers 4159, C.E.P.R. Discussion Papers.
  122. Hervé Crès, 2000. "Majority Stable Production Equilibria: A Multivariate Mean Shareholders Theorem," SciencePo Working papers Main hal-01064883, HAL.
  123. Mares, Vlad & Swinkels, Jeroen M., 2014. "On the analysis of asymmetric first price auctions," Journal of Economic Theory, Elsevier, vol. 152(C), pages 1-40.
  124. Evan Osborne, 1998. "A theory of gridlock: Strategic behavior in legislative deliberations," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 26(3), pages 238-251, September.
  125. repec:spo:wpecon:info:hdl:2441/10283 is not listed on IDEAS
  126. Christian Ewerhart & Julia Lareida, 2018. "Voluntary disclosure in asymmetric contests," ECON - Working Papers 279, Department of Economics - University of Zurich, revised Jul 2023.
  127. Nolan, D., 1999. "On min-max majority and deepest points," Statistics & Probability Letters, Elsevier, vol. 43(4), pages 325-333, July.
  128. Hazelton, Martin L., 2011. "Assessing log-concavity of multivariate densities," Statistics & Probability Letters, Elsevier, vol. 81(1), pages 121-125, January.
  129. Hervé Crès & Utku Unver, 2010. "Ideology and existence of 50% majority equilibria in Multidimensional spatial voting Models," SciencePo Working papers hal-01023800, HAL.
  130. repec:hal:spmain:info:hdl:2441/eu4vqp9ompqllr09ieq060086 is not listed on IDEAS
  131. Anderson, Simon P. & Goeree, Jacob K. & Ramer, Roald, 1997. "Location, Location, Location," Journal of Economic Theory, Elsevier, vol. 77(1), pages 102-127, November.
  132. Miles Gietzmann & Adam Ostaszewski, 2014. "Why managers with low forecast precision select high disclosure intensity: an equilibrium analysis," Review of Quantitative Finance and Accounting, Springer, vol. 43(1), pages 121-153, July.
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