Showing 1 - 10 of 18
This paper addresses the puzzle of why redistributive legislation, which benefits a small minority, may pass with overwhelming majorities. It models a legislature in which the same agenda setter serves for two periods, showing how he can exploit a legislature (completely) in the first period by...
Persistent link: https://www.econbiz.de/10010959980
The Whig and Tory parties played an important role in British politics in the decades following the Glorious Revolution. Scholars have used The History of Parliament series as a key source for data on political parties, yet most editions omit tabular data on the party affiliation of individual...
Persistent link: https://www.econbiz.de/10010959986
The Whig and Tory parties played an important role in British politics in the decades following the Glorious Revolution. This paper introduces new data on the political affiliation of all MPs in England and Wales between 1690 and 1747. The data have numerous applications for research. The focus...
Persistent link: https://www.econbiz.de/10011274354
We construct a model of conflict and trade to study the consequences of interstate disputes over contested resources (land, oil, water or other resources) for arming, welfare and trade flows. Different trade regimes imply different costs of such disputes in terms of arming. Depending on world...
Persistent link: https://www.econbiz.de/10009351407
A winning coalition which sets policy cannot always ensure that members of the coalition will be the ones getting benefits. Different jurisdictions (including members of the winning coalition) may then engage in costly rent seeking. Maximizing the welfare of the winning coalition may therefore...
Persistent link: https://www.econbiz.de/10008725881
This chapter analyzes the influence of democratic institutions---specifically, the effects of (i) electoral uncertainty when individuals within a nation have different preferences over public peaceful investment and (ii) greater checks and balances that lead to a more effective mobilization of...
Persistent link: https://www.econbiz.de/10008751489
We consider electoral competition between two political candidates. Each can target private benefits to some groups. A candidate has an incentive to offer high benefits in the initial period, to deter the other candidate from offering yet higher benefits to the same group in a later period. We...
Persistent link: https://www.econbiz.de/10004970905
I consider the strategies that an opposition party can use against an incumbent party which controls the government. The focus is on strategies when citizens vote retrospectively (so that the incumbent's chance of winning re-election increases with his performance), and when citizens compare the...
Persistent link: https://www.econbiz.de/10004970926
Many mechanisms (such as auctions) efficiently allocate a good to the firm which most highly values it. But sometimes the owner of the asset or good may wish to transfer it only if it is not too valuable to potential buyers. The allocation problem becomes especially difficult when the potential...
Persistent link: https://www.econbiz.de/10004970927
We examine how globalization affects trade patterns and welfare when conflict prevails domestically. We do so in a simple model of trade, in which a natural resource like oil is contested by competing groups using real resources ("guns"). Thus, conflict is viewed as ultimately stemming from...
Persistent link: https://www.econbiz.de/10004975558