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Collective Decision-Making

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Institutional investor cliques and their voice in Japan : A fact finding

Published: August 19, 2024 00:00

This study examines how sub-communities of institutional investors (‘cliques’) play a governance role through their coordinated engagement via-à-vis Japanese firms. Based on the five-percent ownership threshold for defining a link in the investor network,…

Who Votes for the Bündnis Sahra Wagenknecht (BSW)? A Policy-Space Perspective

Published: August 15, 2024 00:00

This contribution studies voting intentions for the Bündnis Sahra Wagenknecht (BSW) from a policy-space perspective. What makes the new German party special is its unusual bundling of economically left-wing with culturally right-wing positions. We turn to…

Legislative bargaining with private information: A comparison of majority and unanimity rule

Published: July 27, 2024 00:00

We present a three-person, two-period bargaining game with private information. A single proposer is seeking to secure agreement to a proposal under either majority or unanimity rule. If the first period proposal fails, the game ends immediately with an…

Fairness in a Society of Unequal Opportunities

Published: July 5, 2024 00:00

Modern societies are characterized by widespread disparities in opportunities, which play a crucial role in creating income inequality. This paper investigates how individuals handle income inequality arising from these unequal opportunities. We report…

Political determinants of COVID-19 restrictions and vaccine rollouts: the case of regional elections in Italy and Spain

Published: July 1, 2024 00:00

The COVID-19 pandemic is one of the most significant public health crises in modern history, with considerable impacts on the policy frameworks of national governments. In response to the pandemic, non-pharmaceutical interventions (NPIs) and mass…

Classical Right, New Right, and Voting Behavior:Evidence from a Quasi-Natural Experiment

Published: June 18, 2024 00:00

Due to a last-minute fight among the candidates, Vox, a party at the right end of the Spanish political spectrum, could not run in Santa Cruz de Tenerife, a relatively representative electoral constituency, in the general election of July 23, 2023. Since…

Progressive-left security and conservative-right distance - How democracy can save itself from populism

Published: June 7, 2024 00:00

Democracy is under threat in many countries, particularly from illiberal and right-wing populist parties. This does not reveal a social trend towards conservatism and right-wing to far-right positions among the population, as moral and social attitudes are…