In this article we analyze the conditioning effect of party nationalization, and in particular dynamic nationalization, on economic voting. While previous single-country and cross-national studies suggest a weak correlation between economic conditions and voting patterns, we argue that this relationship is conditioned by the degree to which parties are dynamically nationalized. Using both case ...

Common pool resource systems are governed by a wide variety of institutions designed to promote long run resource viability. Relatively little work has focused on the use of majority rule voting in managing resource stocks. This paper develops a theoretical and experimental framework for assessing the efficiency of majority rule voting in allocating appropriation rights to a group of resource u...

L.S. Penrose was the first to propose a measure of voting power (which later came to be known as ‘the [absolute] Banzhaf (Bz) index’). His limit theorem—which is implicit in his booklet (1952) and for which he gave no rigorous proof—says that in simple weighted voting games (WVGs), if the number of voters increases indefinitely while the quota is pegged at half the total weight, then— under cer...

This paper studies voting in corporate director elections. We construct a comprehensive data set of 2,058,788 mutual fund votes over a two-year period. We find systematic heterogeneity in voting: some funds are consistently more management-friendly than others. We also establish the presence of peer effects: a fund is more likely to oppose management when other funds are more likely to oppose i...

Recently, the topic of dual-class companies has been popular with the media, academia, and professionals. A dual-class company is a type of company that issues two classes of common stocks. One is a publicly traded inferior stock with one voting right per share, and the other is a non-publicly traded superior stock with multiple voting rights per share. Therefore, in a dualclass firm, sharehold...

Abstract This article examines the conflicting interpretations of two human rights systems – UNCRPD and ECHR concerning legal capacity persons in exercise their right to vote, with aim finding common ground promoting equal participation disabilities society.