Republic or Democracy? Co-voting!
Hans Gersbach,
Akaki Mamageishvili and
Oriol Tejada
No 17614, CEPR Discussion Papers from Centre for Economic Policy Research
Abstract:
We analyze a new constitutional decision-making rule—called †Co-Voting†—which can be described as a combination of representative democracy (or republic, where citizens delegate their decision power to a parliament) and direct democracy (or just democracy, where citizens decide through referenda). We consider a simple model in which the electorate is partially uninformed about the consequences of policies and parliament members have biased preferences regarding policy. Taking a constitutional perspective, we characterize the model primitives for which Co-Voting yields higher welfare than both direct democracy and representative democracy, which are natural benchmarks. The relative merits of Co-Voting continue to hold if proposal-making by parliament is strategic.
JEL-codes: D02 D70 D72 D82 (search for similar items in EconPapers)
Date: 2022-10
References: Add references at CitEc
Citations:
Downloads: (external link)
https://cepr.org/publications/DP17614 (application/pdf)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:cpr:ceprdp:17614
Ordering information: This working paper can be ordered from
https://cepr.org/publications/DP17614
Access Statistics for this paper
More papers in CEPR Discussion Papers from Centre for Economic Policy Research 33 Great Sutton Street, London EC1V 0DX, UK.
Bibliographic data for series maintained by CEPR ().