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Economies, Volume 3, Issue 1 (March 2015) – 3 articles , Pages 1-54

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Open AccessArticle
Competitiveness, Migration, and Mobility in the Global City: Insights from Sydney, Australia
Economies 2015, 3(1), 37-54; https://doi.org/10.3390/economies3010037 - 16 Feb 2015
Cited by 3 | Viewed by 4261
Abstract
The global city thesis and the migration thesis concern two important dimensions of the impacts of contemporary globalization on cities. The two theses are intrinsically linked. The central question is how we should approach migration in the new context of the global city, [...] Read more.
The global city thesis and the migration thesis concern two important dimensions of the impacts of contemporary globalization on cities. The two theses are intrinsically linked. The central question is how we should approach migration in the new context of the global city, and how we should articulate their interrelationships. To address this question, we construct an integrative analytical framework linking global city and migration, and empirically apply it to Sydney. We build a set of indexes to measure global competitiveness, global migration, and global mobility of communities across global Sydney. The findings reveal that global competitiveness—the defining capacity of Sydney as a global city—has very weak association with global migration that measures the stock of foreign born population, but has very strong association with global mobility that measures the people movement in recent years. These findings call for a redefinition of migration to incorporate people movement to better capture the interplay between global city and migration. Full article
(This article belongs to the Special Issue Urban Economy)
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Open AccessArticle
Does a Least-Preferred Candidate Win a Seat? A Comparison of Three Electoral Systems
Economies 2015, 3(1), 2-36; https://doi.org/10.3390/economies3010002 - 28 Jan 2015
Cited by 1 | Viewed by 3944
Abstract
In this paper, the differences between two variations of proportional representation (PR), open-list PR and closed-list PR, are analyzed in terms of their ability to accurately reflect voter preference. The single nontransferable vote (SNTV) is also included in the comparison as a benchmark. [...] Read more.
In this paper, the differences between two variations of proportional representation (PR), open-list PR and closed-list PR, are analyzed in terms of their ability to accurately reflect voter preference. The single nontransferable vote (SNTV) is also included in the comparison as a benchmark. We construct a model of voting equilibria with a candidate who is least preferred by voters in the sense that replacing the least-preferred candidate in the set of winners with any loser is Pareto improving, and our focus is on whether the least-preferred candidate wins under each electoral system. We demonstrate that the least-preferred candidate never wins under the SNTV, but can win under open-list PR, although this is less likely than winning under closed-list PR. Full article
(This article belongs to the Special Issue Game Theory and Political Economy)
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Open AccessEditorial
Acknowledgement to Reviewers of Economies in 2014
Economies 2015, 3(1), 1; https://doi.org/10.3390/economies3010001 - 09 Jan 2015
Viewed by 2872
Abstract
The editors of Economies would like to express their sincere gratitude to the following reviewers for assessing manuscripts in 2014:[...] Full article
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