What is Unanimous Consent?
Consensus rules, also called "consistency rules" or "unanimous voting rules", refer to a voting rule that is a decision or motion that requires the unanimous approval of all voters.
- no matter how
- Advantages: First, the passed resolution can take care of the interests of every voter, no one's interests will be violated, no one will be damaged and at least one person will benefit.
- The selection result is a
- In reality, the consensus rule has a limited scope of application, and its scope of application:
- First, it excludes personal
- Although it has the advantages of equal rights of participants and avoiding free rides, in practice, it is generally limited to a few occasions, and it is difficult to become a universal rule for financial decision-making. The main reason is that the transaction cost of decision-making is too high; For the author, the veto power of the last voter gave him too much bargaining power. The rule ignores the difficulty of showing voters' preferences. A good voting rule should minimize the sum of decision costs and external costs. [1]