Economics > General Economics
[Submitted on 17 Apr 2023
(v1)
, revised 24 Jul 2023 (this version, v4)
, latest version 16 May 2025 (v7)
]
Title: Democratic Policy Decisions with Decentralized Promises Contingent on Vote Outcome
Title: 基于投票结果的去中心化承诺的民主政策决策
Abstract: We study pre-vote interactions in a committee that enacts a welfare-improving reform through voting. Committee members use decentralized promises contingent on the reform enactment to influence the vote outcome. Equilibrium promises prevent beneficial coalitional deviations and minimize total promises. We show that multiple equilibria exist, involving promises from high- to low-intensity members to enact the reform. Promises dissuade reform opponents from enticing the least enthusiastic reform supporters to vote against the reform. We explore whether some recipients of the promises can be supporters of the reform and discuss the impact of polarization on the total promises.
Submission history
From: Ali Lazrak [view email][v1] Mon, 17 Apr 2023 06:17:26 UTC (60 KB)
[v2] Mon, 22 May 2023 06:52:50 UTC (51 KB)
[v3] Wed, 24 May 2023 06:01:51 UTC (52 KB)
[v4] Mon, 24 Jul 2023 17:37:40 UTC (54 KB)
[v5] Tue, 5 Nov 2024 17:42:29 UTC (79 KB)
[v6] Sat, 15 Mar 2025 00:12:22 UTC (84 KB)
[v7] Fri, 16 May 2025 07:44:59 UTC (79 KB)
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