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Storable Votes
Storable votes (also storable voting) is a multiple-issue electoral system with the potential to promote minority rights relative to a simple majority system. More generally, it allows voters to express the relative intensities of their preferences over different issues, in addition to the direction of their preferences. Voting with Storable votes Context Storable Votes apply to a context where several binary issues (Yes/No questions) are to be decided. Imagine a committee, for example the board of a central bank, that every month needs to vote on an up-or-down decision, say changing the interest rate or not. Each month, the decision is taken according to the majority of votes cast. Instead of having one vote for each monthly meeting, suppose that each committee member is granted 12 votes at the beginning of the year and can cast as many of these votes as s/he wishes at any one meeting. Clearly if a committee member casts more than one vote at one meeting, then that membe ...
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Electoral System
An electoral system or voting system is a set of rules that determine how elections and referendums are conducted and how their results are determined. Electoral systems are used in politics to elect governments, while non-political elections may take place in business, non-profit organisations and informal organisations. These rules govern all aspects of the voting process: when elections occur, who is allowed to vote, who can stand as a candidate, how ballots are marked and cast, how the ballots are counted, how votes translate into the election outcome, limits on campaign spending, and other factors that can affect the result. Political electoral systems are defined by constitutions and electoral laws, are typically conducted by election commissions, and can use multiple types of elections for different offices. Some electoral systems elect a single winner to a unique position, such as prime minister, president or governor, while others elect multiple winners, such as me ...
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Veto
A veto is a legal power to unilaterally stop an official action. In the most typical case, a president or monarch vetoes a bill to stop it from becoming law. In many countries, veto powers are established in the country's constitution. Veto powers are also found at other levels of government, such as in state, provincial or local government, and in international bodies. Some vetoes can be overcome, often by a supermajority vote: in the United States, a two-thirds vote of the House and Senate can override a presidential veto. Article I, Section 7, Clause 2 of the United States Constitution Some vetoes, however, are absolute and cannot be overridden. For example, in the United Nations Security Council, the permanent members ( China, France, Russia, the United Kingdom, and the United States) have an absolute veto over any Security Council resolution. In many cases, the veto power can only be used to prevent changes to the status quo. But some veto powers also include the ab ...
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Journal Of Public Economics
The ''Journal of Public Economics'' is a monthly peer-reviewed academic journal covering public economics, with particular emphasis on the application of modern economic theory and methods of quantitative analysis. It provides a forum for discussion of public policy of interest to an international readership. It was established in 1972 by Tony Atkinson and is published by Elsevier. The current editors-in-chief are John Friedman ( Brown University) and Wojciech Kopczuk (Columbia University). According to the ''Journal Citation Reports'', the journal has a 2019 impact factor The impact factor (IF) or journal impact factor (JIF) of an academic journal is a scientometric index calculated by Clarivate that reflects the yearly mean number of citations of articles published in the last two years in a given journal, as ... of 2.218. References External links * Economics journals Elsevier academic journals Monthly journals Publications established in 1972 Public economics Engl ...
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Ifo Institute For Economic Research
The Ifo Institute for Economic Research is a Munich-based research institution. Ifo is an acronym from Information and Forschung (research). As one of Germany's largest economic think-tanks, it analyses economic policy and is widely known for its monthly Ifo Business Climate Index for Germany. Its research output is significant: about a quarter of the articles published by German research institutes in international journals in economics in 2006 were from Ifo researchers. The Frankfurter Allgemeine Zeitung ranks it as Germany's most influential economics research institute. Ifo Business Climate Index Ifo's Business Climate Index is a leading early indicator of economic activity released monthly since 1972. The database underlying the index is a monthly survey of 7000 in the construction, manufacturing, wholesale and retail industries. The index is closely followed by investors, commentators and politics. Report on the German economy The Ifo Institute participates in the twice ...
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Walter De Gruyter
Walter de Gruyter GmbH, known as De Gruyter (), is a German scholarly publishing house specializing in academic literature. History The roots of the company go back to 1749 when Frederick the Great granted the Königliche Realschule in Berlin the royal privilege to open a bookstore and "to publish good and useful books". In 1800, the store was taken over by Georg Reimer (1776–1842), operating as the ''Reimer'sche Buchhandlung'' from 1817, while the school’s press eventually became the ''Georg Reimer Verlag''. From 1816, Reimer used the representative Sacken'sche Palace on Berlin's Wilhelmstraße for his family and the publishing house, whereby the wings contained his print shop and press. The building became a meeting point for Berlin salon life and later served as the official residence of the president of Germany. Born in Ruhrort in 1862, Walter de Gruyter took a position with Reimer Verlag in 1894. By 1897, at the age of 35, he had become sole proprietor of th ...
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Bootstrapping
In general, bootstrapping usually refers to a self-starting process that is supposed to continue or grow without external input. Etymology Tall boots may have a tab, loop or handle at the top known as a bootstrap, allowing one to use fingers or a boot hook tool to help pulling the boots on. The saying "to " was already in use during the 19th century as an example of an impossible task. The idiom dates at least to 1834, when it appeared in the ''Workingman's Advocate'': "It is conjectured that Mr. Murphee will now be enabled to hand himself over the Cumberland river or a barn yard fence by the straps of his boots."Jan FreemanBootstraps and Baron Munchausen '' Boston.com'', January 27, 2009 In 1860 it appeared in a comment on philosophy of mind: "The attempt of the mind to analyze itself san effort analogous to one who would lift himself by his own bootstraps." Bootstrap as a metaphor, meaning to better oneself by one's own unaided efforts, was in use in 1922. This metaphor ...
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Quarterly Journal Of Political Science
''Quarterly Journal of Political Science'' is a quarterly peer-reviewed academic journal which began in 2006. It is published by Now Publishers Inc. and focuses on positive political science and contemporary political economy. The journal's joint editors-in-chief are Scott Ashworth (University of Chicago) and Joshua D. Clinton (Vanderbilt University). Abstracting and indexing According to the ''Journal Citation Reports'', the journal has a 2015 impact factor The impact factor (IF) or journal impact factor (JIF) of an academic journal is a scientometric index calculated by Clarivate that reflects the yearly mean number of citations of articles published in the last two years in a given journal, as ... of 1.645, ranking it 33rd out of 163 journals in the category "Political Science". References External links * Quarterly journals English-language journals Political science journals Publications established in 2006 Now Publishers academic journals {{Poli ...
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Quasi-experiment
A quasi-experiment is an empirical interventional study used to estimate the causal impact of an intervention on target population without random assignment. Quasi-experimental research shares similarities with the traditional experimental design or randomized controlled trial, but it specifically lacks the element of random assignment to treatment or control. Instead, quasi-experimental designs typically allow the researcher to control the assignment to the treatment condition, but using some criterion other than random assignment (e.g., an eligibility cutoff mark). Quasi-experiments are subject to concerns regarding internal validity, because the treatment and control groups may not be comparable at baseline. In other words, it may not be possible to convincingly demonstrate a causal link between the treatment condition and observed outcomes. This is particularly true if there are confounding variables that cannot be controlled or accounted for. With random assignment, study p ...
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Andrew Gelman
Andrew Eric Gelman (born February 11, 1965) is an American statistician and professor of statistics and political science at Columbia University. Gelman received bachelor of science degrees in mathematics and in physics from MIT, where he was a National Merit Scholar, in 1986. He then received a master of science in 1987 and a doctor of philosophy in 1990, both in statistics from Harvard University, under the supervision of Donald Rubin. Career Gelman is the Higgins Professor of Statistics and Professor of Political Science and the Director of the Applied Statistics Center at Columbia University. He is a major contributor to statistical philosophy and methods especially in Bayesian statistics and hierarchical models. He is one of the leaders of the development of the statistical programming framework Stan. Perspective on Statistical Inference and Hypothesis Testing Gelman's approach to statistical inference emphasizes studying variation and the associations between data, ...
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Alessandra Casella
Alessandra Casella is an economist, researcher, professor, and author. Currently, she is an Economics and Political Science professor at Columbia University. Life Casella received her bachelor's degree with a summa cum laude in Economics and Social Sciences from Bocconi University, Milan, in March 1983. She furthered her studies at Massachusetts Institute of Technology (MIT), where she received her master's degree and Ph.D. in economics, 1988. Her thesis focused on hyperinflation and the real exchange rates and supply shocks in the economy. After graduating, Casella's research continues to focus on economics, with more specific interests in public economics, experimental economics, and political economy. In 2019, Casella was the director of the Columbia Laboratory for the Social Sciences, and a fellow in both the National Bureau of Economic Research in Cambridge and the British Center for Economic Policy Research. She is the author of two books: ''Networks and Markets. Contri ...
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Supermajority
A supermajority, supra-majority, qualified majority, or special majority is a requirement for a proposal to gain a specified level of support which is greater than the threshold of more than one-half used for a simple majority. Supermajority rules in a democracy can help to prevent a majority from eroding fundamental rights of a minority, but they can also hamper efforts to respond to problems and encourage corrupt compromises in the times action is taken. Changes to constitutions, especially those with entrenched clauses, commonly require supermajority support in a legislature. Parliamentary procedure requires that any action of a deliberative assembly that may alter the rights of a minority have a supermajority requirement, such as a two-thirds vote. Related concepts regarding alternatives to the majority vote requirement include a majority of the entire membership and a majority of the fixed membership. A supermajority can also be specified based on the entire membership or ...
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Majority Rule
Majority rule is a principle that means the decision-making power belongs to the group that has the most members. In politics, majority rule requires the deciding vote to have majority, that is, more than half the votes. It is the binary decision rule used most often in influential decision-making bodies, including many legislatures of democratic nations. Distinction with plurality Decision-making in a legislature is different from election of representation, although the result of plurality (First Past the Post or FPTP) elections is often mistaken for majority rule. Plurality elections elect the option that has more votes than any other, regardless of whether the fifty percent threshold is passed. A plurality election produces representation of a majority when there are only two candidates in an election or, more generally, when there are only two options. However, when there are more than two alternatives, a candidate that has less than fifty percent of the votes cast in ...
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