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Using data from the Mid-Atlantic surf clam and ocean quahog fishery, we find that firms with a preference for extreme, rather than moderate, policies are much more likely to participate in public meetings where regulation is determined. We also find that participation rates are higher for...
Persistent link: https://www.econbiz.de/10005702671
The importance of infrastructure for growth is well established in the macroeconomic literature. Previous research has treated public investment in infrastructure as exogenous. We remedy this shortcoming by providing a political economy analysis of infrastructure choice based upon consumer...
Persistent link: https://www.econbiz.de/10005702622
This paper provides new evidence on the relevance of alternative theories of federal budget allocation to US States. Using a panel of 48 states over 20 years, we estimate the size and relative importance of different institutional and political factors in determining such allocation. We find...
Persistent link: https://www.econbiz.de/10005129789
In an abstract model of division problems, we study division rules that are not manipulable through a reallocation of individual characteristic vectors within a coalition (e.g. reallocation of claims in bankruptcy problems). A coalition can be formed if members of the coalition are connected on...
Persistent link: https://www.econbiz.de/10005130230
This paper models individual choices of social groups and the formation of group identity, and examines the conditions with which the group identity reinforces the productivity of individuals. A social group is defined as a network that provides with a market for interactions to its members....
Persistent link: https://www.econbiz.de/10005329005
This paper is motivated by a practical income (or wealth) taxation problem: For a public good economy where the provision of public goods is to be financed by income taxes collected from individuals, what is the optimal feasible tax mechanism when a social planner is relatively uninformed of the...
Persistent link: https://www.econbiz.de/10005702720
Spatial models of voting behaviour are the dominant paradigm in political science. Consistent with this approach, it … question is how we measure nearness or distance. We investigate this issue by estimating discrete choice models for voting … almost as good a predictor of their voting outcome as how close they are to the parties …
Persistent link: https://www.econbiz.de/10005342137
We examine the incentives of an interest group to provide a political decision-maker with policy-relevant information and to exert pressure on her. Both activities are costly but may induce the lobby's preferred policy. Our paper provides an integrated analysis of both lobbying activities and...
Persistent link: https://www.econbiz.de/10005342190
The phenomenon of "choice shifts" in group decision-making is fairly ubiquitous in the social psychology literature. Faced with a choice between a ``safe" and ``risky" decision, group members appear to move to one extreme or the other, relative to the choices each member might have made on her...
Persistent link: https://www.econbiz.de/10005342195
Abstract: In a society where individuals differ in their valuation of different social policies, when might one consider a given individual as having references that are extreme relative to the others? And how important are such preferences in determining eventual policy? In this paper, we...
Persistent link: https://www.econbiz.de/10005342270