Relinquishing Power, Exploitation and Political Unemployment in Democratic Organizations

SEMINARIO DEL DOCTORADO DE ESTADÍSTICA, OPTIMIZACIÓN Y MATEMÁTICA APLICADA. CURSO 2016-2017

Título: Relinquishing Power, Exploitation and Political Unemployment in Democratic Organizations

Ponentes: Profa. Dra. Carmen Beviá (Universidad de Alicante)

Fecha: martes 4 de octubre 2016 a las 12:30 horas

Lugar: Aula 0.2, Instituto Universitario de Investigación CIO, Edificio Torretamarit, Universidad Miguel Hernández (Campus de Elche)

Resumen:

The paper focus on the dynamics of organizations and how they design its future according to the interest of their members. Agents are grouped into three classes, high, medium and low productivity. We analyze the evolution of organizations which take decisions by majority voting. We focus on the evolution of the political power and show that in some cases, rational agents who valuate the future may yield political power to other class. This is what we call the relinquish effect. We show that exploitation is possible in democratic societies and study its determinants. We also show that high productivity agents may be left in the cold because their entrance in an organization may threaten the dominance of other classes. We call this political unemployment.

Breve Bio:

Carmen Beviá is Professor of Economics at UA. She has been professor of Economics at UAB from 1996 to 2014. She has organized several national and international congresses included the organization of the 2009 EUROPEAN MEETING of the Econometric Society (ESEM). Professor Beviá is a member of the editorial board of Mathematical Social Sciences and Law, Ethics and Philosophy (LEAP). She has directed four doctoral thesis. Her work has been published in specialized journals such as the Journal of Economic Theory, Games and Economic Behavior, Economic Theory, Social Choice and Welfare, Scandinavian Journal of Economics, Theory and Decision, Mathematical Social Sciences, and Economic Letters among others.