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This paper studies the impact of the competition between lobbies and voters on policy outcomes under alternative legislative procedures. Lobbies and citizens have opposing interests in a public policy and offer money and votes, respectively, to legislators to obtain their preferred policy....
Persistent link: https://www.econbiz.de/10010928625
interpreted as the reduced form of various political economy models of voting and lobbying. We consider three special cases: a … median voter model, a probabilistic voting model, and an ‘influence for sale’ model. In all three cases conditions exist that …
Persistent link: https://www.econbiz.de/10010745559
the probabilistic voting model in political economy. Effects persist after the cash transfer program ends. We estimate …
Persistent link: https://www.econbiz.de/10010745876
political knowledge has a sizeable influence on the probability of voting and that mass media play an important role in …
Persistent link: https://www.econbiz.de/10010746429
In a symmetric information voting model, an individual (information controller) can influence voters’ choices by …-unanimous voting rule, she exploits voters’ heterogeneity by designing a signal with realizations targeting di↵erent winning …-coalitions. Consequently, under simple-majority voting rule, a majority of voters might be strictly worse o↵ due to the controller’s influence …
Persistent link: https://www.econbiz.de/10011126416