We introduce a two-stage, multiple-round voting procedure where the thresholds needed for approval require a qualified majority and vary with the proposal on the table. We apply such a procedure to instances of public-good provision where the citizens’ valuations can take two values and are private. We show that the procedure elicits and aggregates the information about the valuations and implements the utilitarian optimal public good level. This level is chosen after all potential socially optimal policies have been considered. We also develop a compound procedure to ensure utilitarian optimality when there are arbitrarily finitely many types of citizen
We propose a new approach to the normative analysis of public-good provision in a large economy. Our...
We propose a new approach to the normative analysis of public-good provision in a large economy. Our...
The paper studies utilitarian welfare maximization in a model with an excludable public good where i...
We propose a new approach to the normative analysis of public-good provision. In addition to individ...
This paper characterizes interim efficient mechanisms for public good production and cost allocation...
This paper characterizes interim efficient mechanisms for public good production and cost allocation...
Majority rules are frequently used to decide whether or not a public good should be provided, but wi...
We modify the successive voting procedure, predominantly used by European legisla-tures, by includin...
We study the relation between mechanism design and voting in public-good provision. If incentive mec...
It is well known that ex post efficient mechanisms for the provision of indivisible public goods ar...
We derive the incentive compatible and ex-ante welfare maximizing (i.e., utilitarian) mechanism for ...
This paper compares the performance of simple voting rules, called referenda, to the performance of ...
Government may provide a good that can, if legally permitted, be supplemented by private purchases. ...
This paper studies majority voting over the size and location of a public good when voters di§er bot...
We propose a new approach to the normative analysis of public-good provision in an economy that is l...
We propose a new approach to the normative analysis of public-good provision in a large economy. Our...
We propose a new approach to the normative analysis of public-good provision in a large economy. Our...
The paper studies utilitarian welfare maximization in a model with an excludable public good where i...
We propose a new approach to the normative analysis of public-good provision. In addition to individ...
This paper characterizes interim efficient mechanisms for public good production and cost allocation...
This paper characterizes interim efficient mechanisms for public good production and cost allocation...
Majority rules are frequently used to decide whether or not a public good should be provided, but wi...
We modify the successive voting procedure, predominantly used by European legisla-tures, by includin...
We study the relation between mechanism design and voting in public-good provision. If incentive mec...
It is well known that ex post efficient mechanisms for the provision of indivisible public goods ar...
We derive the incentive compatible and ex-ante welfare maximizing (i.e., utilitarian) mechanism for ...
This paper compares the performance of simple voting rules, called referenda, to the performance of ...
Government may provide a good that can, if legally permitted, be supplemented by private purchases. ...
This paper studies majority voting over the size and location of a public good when voters di§er bot...
We propose a new approach to the normative analysis of public-good provision in an economy that is l...
We propose a new approach to the normative analysis of public-good provision in a large economy. Our...
We propose a new approach to the normative analysis of public-good provision in a large economy. Our...
The paper studies utilitarian welfare maximization in a model with an excludable public good where i...