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King, David C. - 1999

Among political practitioners, there is conventional wisdom about the outcomes of critical and salient legislative votes. 'This vote,' we hear, ' will either win by a little or lose by a lot.' Real-world examples suggest coalition leaders purchase 'hip-pocket' votes and "if you need me" pledges,...

Persistent link: https://www.econbiz.de/10012471442

Friends in High Places

Cohen, Lauren - 2010

We demonstrate that personal connections amongst politicians have a significant impact on the voting behavior of U … consistent predictors of voting behavior. For the former, we estimate sharp measures that control for common characteristics of … networks on voting. We find that the effect of alumni networks is close to 60% of the size of the effect of state …

Persistent link: https://www.econbiz.de/10012462219

The Role of Advisory Services in Proxy Voting

Alexander, Cindy R. - 2009

This paper studies the information content and consequences of third-party voting advice issued during proxy contests …. We find that voting advice is a good predictor of contest outcomes and that vote recommendations appear to certify the …

Persistent link: https://www.econbiz.de/10012463507

Protecting Minorities in Binary Elections : A Test of Storable Votes Using Field Data

Casella, Alessandra - 2008

Democratic systems are built, with good reason, on majoritarian principles, but their legitimacy requires the protection of strongly held minority preferences. The challenge is to do so while treating every voter equally and preserving aggregate welfare. One possible solution is <i>Storable Votes</i>:...

Persistent link: https://www.econbiz.de/10012464542

Freedom of Speech, Deterrence, and Compellence in the Parliament

Altindag, Duha Tore; Mocan, Naci; Zhang, Jie - National Bureau of Economic Research - 2021

This paper presents the first empirical analysis of the impact of Parliamentary immunity on the behavior and performance of politicians. Leveraging a Constitutional Amendment, the adoption of which lifted the immunity of 132 of the 550 members of the Turkish Parliament, we find that losing...

Persistent link: https://www.econbiz.de/10012496085

The Generalized War of Attrition

Bulow, Jeremy - 1997

We generalize the War of Attrition model to allow for N + K firms competing for N prizes. Two special cases are of particular interest. First, if firms continue to pay their full costs after dropping out (as in a standard-setting context), each firm's exit time is independent both of K and of...

Persistent link: https://www.econbiz.de/10012472956

Voting on the Budget Deficit

Alesina, Alberto - 1988

This paper analyzes a model in which different rational individuals vote over the composition and time profile of public spending. Potential disagreement between current and future majorities generates instability in the social choice function that aggregates individual preferences. In...

Persistent link: https://www.econbiz.de/10012476301

How Do Voters Matter? Evidence from US Congressional Redistricting

Jones, Daniel B. - 2016

impacts the district representative's roll call voting. We find that an increase in Democrat share within a district causes … more leftist roll call voting. This occurs because a Democrat is more likely to hold the seat, but also because - in … contrast to existing empirical work - partisan composition has a direct effect on the roll call voting of individual …

Persistent link: https://www.econbiz.de/10012456153

Resolving Intertemporal Conflicts : Economics vs Politics

Millner, Antony - 2014

Intertemporal conflicts occur when a group of agents with heterogeneous time preferences must make a collective decision about how to manage a common asset. How should this be done? We examine two methods: an 'Economics' approach that seeks to implement efficient allocations, and a 'Politics'...

Persistent link: https://www.econbiz.de/10012457961

Guns and Votes

Bouton, Laurent - 2014

Why are U.S. congressmen reluctant to support gun control regulations, despite the fact that most Americans are in favor of them? We argue that re-election motives can lead politicians to take a pro-gun stance against the interests of an apathetic majority of the electorate, but in line with the...

Persistent link: https://www.econbiz.de/10012458413