Browsing Max Weber Programme (MWP) by Author "ZWART, Sanne"

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Browsing Max Weber Programme (MWP) by Author "ZWART, Sanne"

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    Title: Fixing the Quorum: Representation versus Abstention  Author(s): ZWART, Sanne Date: 2007 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: The majority of the participating voters in referenda does not necessarily re°ect the majority of the whole population since voters can ab- stain. This paper shows that a quorum exists for which the outcome of the referendum ...
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    Title: Decision Makers Facing Uncertainty: Theory versus Evidence  Author(s): GIORDANI, Paolo; SCHLAG, Karl H.; ZWART, Sanne Date: 2007 Type of Publication: Working Paper Series/Report no.: EUI MWP Abstract: We consider three competing normative theories of how to make choices when facing uncertainty: subjective expected utility, maximin utility and minimax regret. In simple decision problems, we compare how decision makers ...