Alex Gershkov , Andreas Kleiner , Benny Moldovanu , Xianwen Shi
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引用次数: 0
Abstract
We describe and analyze the voting process leading to the compromise achieved in the Weimar Flag Controversy. We also offer a simple theoretical model that attempts to capture the main forces at work. These forces are: (1) the addition of a compromise alternative that is located between the main ideological positions on the left and on the right; (2) the interdependence of preferences that makes the compromise salient; and (3) a voting process that gradually reveals and aggregates information. Finally, we compare the theoretical insights with the observed outcome.
期刊介绍:
The European Economic Review (EER) started publishing in 1969 as the first research journal specifically aiming to contribute to the development and application of economics as a science in Europe. As a broad-based professional and international journal, the EER welcomes submissions of applied and theoretical research papers in all fields of economics. The aim of the EER is to contribute to the development of the science of economics and its applications, as well as to improve communication between academic researchers, teachers and policy makers across the European continent and beyond.