Books
Redesigning Democracy - More Ideas for Better Rules
Are there new forms of democracy that can overcome current shortcomings and achieve higher welfare than existing democracies?
The book discusses two routes to address this question:
- «Contractual Democracy»
- Inefficiencies arise after a politician is elected into office.
- In the book it is shown how contracts can help to eliminate such
inefficiencies.
- «New Rules for Decision-making and Agenda-setting»
- New rules can help to improve the decision process itself and lead to
socially beneficial policy proposals.
- In the book Flexible majority rules and a Minority-voting rule are put
forward as such new rules.
Groups and Markets - General Equilibrium with Multi-member Households
This monograph studies multi-member households or, more generally, socio-economic groups from a purely theoretical perspective and within a general equilibrium framework, in contrast to a sizeable empirical literature.
The book:
- provides a thorough theoretical analysis of the behavior and decisions of multi-member households or socio-economic groups.
- integrates several allocation mechanisms to allow the observation of equilibrium feedbacks.
- contrasts the particularities of household formation and decisions with club and matching models.
- explores the positive and normative consequences of collective decisions in households.