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Contribution Details

Type Working Paper
Scope Discipline-based scholarship
Title Choice democracy
Organization Unit
Authors
  • Olivier Ledoit
Language
  • English
Institution University of Zurich
Series Name Working paper series / Department of Economics
Number No. 38
ISSN 1664-7041
Date 2011
Abstract Text Democracy is defined by two core tenets: voice and pluralism. Within these constraints, a wide variety of regime types can be designed. We show that the only new, untested form of democracy is when every citizen is governed by the political party of his/her choice. Multiple full-fledged governments would coexist in the same national territory at the same time, each one sovereign only over the people who chose to vote for it - hence the name: "Choice Democracy". Choice Democracy can be regarded as pure polyarchy, the broadest form of political competition, and a robust mechanism for disciplining government agencies. We argue that this system makes democracy more stable by reducing the risk of revolutionary and financial crises. We develop a theory for the optimal number of governments per countries, where the answer is determined by a trade-off between cooperation and competition. We also provide evidence indicating that Choice Democracy would be viable in the real world.
Official URL http://www.econ.uzh.ch/static/wp/econwp038.pdf
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Keywords Democracy, choice, polyarchy, stability, competition, efficiency, Demokratie, Polyarchie, Wahlsystem, Politisches System