For more Science Videos: https://lt.org/ * With a population exceeding 500 million, the participation of less than 5 million EU citizens in a recent survey on abolishing daylight saving was, to say the least, disappointing. In this video, THOMAS TRÖGER explores how voting rules can be used to account for the problem of voter abstention. Analyzing how voter actions will result in optimal outcomes (Nash Equilibrium) under different voting rules, Tröger identifies significant failings in majority voting with a quorum. * With further work required on interdependent value settings, the research demonstrates that linear voting rules represent the most effective means of dealing with the abstention problem in private value settings. * For more information about Thomas Tröger visit lt.org: https://lt.org/publication/how-can-we-best-respond-low-participation-rates-elections For Thomas Tröger´s research click here: https://www.crctr224.de/en This LT Publication is divided into the following chapters: 0:00 Question 1:43 Method 3:43 Findings 5:27 Relevance 6:18 Outlook
For more Science Videos: https://lt.org/ * Rather than referring to laws written and developed by the state, judges in Saudi Arabia largely rely on Islamic jurisprudence and the interpretation of sacred texts. In this video, DOMINIK KRELL explores how legal reform can occur in these circumstances.
For more Science Videos: https://lt.org/ * Different factors influence how households invest their savings. In this video, CHRISTIAN ZIMPELMANN explores the role that subjective beliefs about the stock market play in household investment decisions. * Gathering data on stock holdings in the Netherl
For more Science Videos: https://lt.org/ * Individuals and governments often do not have as much time or experience as they would like when they need to make a decision. In this video, SARAH AUSTER explores the mechanism by which such decisions are made. * Building a game theoretical model that dr
