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Political competitiveness - which many interpret as the degree of democracy - can be modeled as a monopolistic competition. All regimes are constrained by the threat of quot;entry,quot; and thereby seek some combination of popular support and political entry barriers. This simple model predicts...
Persistent link: https://www.econbiz.de/10012760576
Political competitiveness - which many interpret as the degree of democracy - can be modeled as a monopolistic competition. All regimes are constrained by the threat of "entry," and thereby seek some combination of popular support and political entry barriers. This simple model predicts that...
Persistent link: https://www.econbiz.de/10012466008
Persistent link: https://www.econbiz.de/10011281899
This is a very simple essay, arguing that Dewey's emphasis on democracy as a social rather than a political system that aims to create a 'great community' or 'community of communities' must be supplemented by more 'realism' about the basis of democratic politics in practice, and less...
Persistent link: https://www.econbiz.de/10013140932
We study the characteristics of self-selected candidates in corrupt political systems. Potential candidates differ along two dimensions of unobservable character: public spirit (altruism toward others) and honesty (the disutility suffered when selling out to special interests after securing...
Persistent link: https://www.econbiz.de/10013038435
This paper presents a model of political competition, where voter decisions are affected by their ideological adherence to political parties. We derive a number of interesting results: First, we show that an equilibrium exists even though voting is fully deterministic. Second, corruption and...
Persistent link: https://www.econbiz.de/10012725731
The higher legislative success of parliamentary governments relative to presidential governments has been used to argue that legislative success is driven by parliamentary governments' superior agenda power or their control of legislative majorities. We show that this approach is at odds with...
Persistent link: https://www.econbiz.de/10012712772
This paper surveys some recent literature on fiscal policy and comparative politics. Economic policy is viewed as the outcome of a game with multiple-principals and multiple-agents. Opportunistic politicians bargain over policy. Rational voters hold them accountable through retrospective voting....
Persistent link: https://www.econbiz.de/10009781540
This paper surveys some recent literature on fiscal policy and comparative politics. Economic policy is viewed as the outcome of a game with multiple-principals and multiple-agents. Opportunistic politicians bargain over policy. Rational voters hold them accountable through retrospective voting....
Persistent link: https://www.econbiz.de/10013321355
We study the characteristics of self-selected candidates in corrupt political systems. Potential candidates differ along two dimensions of unobservable character: public spirit (altruism toward others) and honesty (the disutility suffered when selling out to special interests after securing...
Persistent link: https://www.econbiz.de/10012462127