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microeconomic theory (welfare maximisation by the individual agent), our model provides another foundation for the emergence of …
Persistent link: https://www.econbiz.de/10005076618
The distributive politics literature following Weingast (1979) predicts majoritarian redistribution within countries governed by strong party systems. This prediction is tested using evidence from Canadian job creation grant programs active during the mid-1990s. Results provide strong evidence...
Persistent link: https://www.econbiz.de/10005135103
The article proposes an enabling mechanism for the creation, adjustment and dissolution of governmental units, giving autonomy to each resident as in a direct democracy. Rather than focusing on a narrow model with restrictive and specialized assumptions, and subsequent solutions, as has been...
Persistent link: https://www.econbiz.de/10005412496
In this paper we investigate how “civil service” personnel management interacts with bureaucratic discretion to create high capacity, expert bureaucracies populated by policy-motivated agents. We build a model in which bureaucrats may invest in (relationship specific) policy expertise, and...
Persistent link: https://www.econbiz.de/10005076581
This paper offers an explanation for why policy makers stick to inefficient policy decisions. I argue that repealing a policy is a bad signal to voters about the policy maker's competence if voters do not have complete knowledge about the effects of implemented policies. I derive the optimal...
Persistent link: https://www.econbiz.de/10005076606
The debate over campaign-finance reform includes how different sources of campaign contributions affect the outcomes of political campaigns. Using data from the Congressional races of 1996, I find that PAC contributions had a larger effect on the percentage of votes received and campaign...
Persistent link: https://www.econbiz.de/10005076612
It is known that, in Condorcet’s classical model of jury decisions, the proportion of jurors supporting a decision is not a significant indicator of that decision’s reliability: the probability that a particular majority decision is correct given the size of the majority depends only on the...
Persistent link: https://www.econbiz.de/10005076620
Brennan and Hamlin (2002) note that expressive voting still holds at the constitutional phase. The argument, when taken to its necessary conclusion, proves quite problematic for Constitutional Political Economy. Veil mechanisms following Buchanan induce expressive voting at the constitutional...
Persistent link: https://www.econbiz.de/10005076626
In the standard model of a rent-seeking contest, firms optimally employ resources in an attempt to win the contest and obtain the rent. Typically, it is assumed that these resources may be hired at any desired level at some fixed, exogenous per-unit cost. In many real-world rent-seeking...
Persistent link: https://www.econbiz.de/10005077062
For groups that must make several decisions of similar form, we define a simple and general mechanism that is designed to promote social efficiency. The mechanism links the various decisions by forcing agents to budget their representations of preferences so that the frequency of preferences...
Persistent link: https://www.econbiz.de/10005077065