Budgeting for Equity: How Can Participatory Budgeting Advance Equity in the United States?

REIT Capital Budgeting and Equity Marginal Q*

Equity marginal q is the change in market value of a company’s equity in conjunction with a oneunit unexpected change in its asset base. Hence, it is a profitability index that evaluates a firm’s capital budgeting decisions at the margin. In this paper, we estimate the equity marginal q for real estate-managing public corporations, namely, real estate investment trusts (REITs), in an attempt to...

Preference Elicitation For Participatory Budgeting

Participatory budgeting enables the allocation of public funds by collecting and aggregating individual preferences; it has already had a sizable real-world impact. But making the most of this new paradigm requires a rethinking of some of the basics of computational social choice, including the very way in which individuals express their preferences. We analytically compare four preference elic...

Global budgeting in Germany: lessons for the United States.

In 1993 Germany implemented significant health reform legislation that, among other things, strengthened the global budgeting of physicians and instituted global budgeting of pharmaceutical expenditures. German physician expenditures are now capped at the growth in income of members of the sickness funds, in contrast to prior years, in which some growth above a targeted level was allowed. For t...

A Participatory Budgeting Model for Canadian Cities

____________________________________________________________________ ii Chapter 1_____________________________________________________________________1 1. Towards Improving Representative Democracy in Canada _____________________________ 1 1.1. Defining Democracy: A “Dynamic Balance” ______________________________________________1 1.2. The Contemporary Model: Representative Democracy __________...

Participatory Budgeting: An Evidence Review