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informed than others. We develop a model where the voting mistakes resulting from low political knowledge reduce the weight of …. In US election survey data, we find that income is more important in affecting voting behavior for more informed voters …
Persistent link: https://www.econbiz.de/10009324089
and the extent of redistribution in democratic regimes – though such a link does not exist when objective measures of …
Persistent link: https://www.econbiz.de/10010877656
. Fiscal competition is associated with less income redistribution and a less equal distribution of disposable incomes, but …
Persistent link: https://www.econbiz.de/10010877914
This paper investigates the merits of different democratic institutions when politics is uni-dimensional, there is uncertainty both about the preferences of the future electorate and the future polarization of political parties, and politicians have better information about the state of the...
Persistent link: https://www.econbiz.de/10005094160
redistribution policies. The interaction of the two effects has so far not been analyzed in isolation. We find that the direction of … and redistribution levels. …
Persistent link: https://www.econbiz.de/10005094506
Explaining individual behavior in politics should rely on the same motivational assumptions as explaining behavior in the market: That’s what Political Economy, understood as the application of economics to the study of political processes, is all about. In its standard variant, those who...
Persistent link: https://www.econbiz.de/10010948848
ideological policy dimension. Voters achieve this outcome by following a simple lexicographic voting strategy. They cast their …
Persistent link: https://www.econbiz.de/10010539147
This paper shows why a majority of legislators may vote for a policy that benefits a firm but harms all legislators. The firm may induce legislators to support the policy by suggesting that it is more likely to invest in a district whose voters or representative support the policy. In...
Persistent link: https://www.econbiz.de/10010544187
characteristics to others. The model is one of rational voting and generates the following predictions: (i) The paradox of not voting … does not arise, because the benefit of voting does not vanish with population size. (ii) Turnout in elections is positively … related to the size of the local community and the importance of social interactions. (iii) Voting may exhibit bandwagon …
Persistent link: https://www.econbiz.de/10009416121
members can improve the voting outcome by simplifying the strategies of unbiased members. Thus, heterogeneous committees …
Persistent link: https://www.econbiz.de/10009645633