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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
This paper presents a theoretical and empirical investigation of tax competition when voters use the tax policy of neighboring jurisdictions as information to evaluate the performance of their incumbent politicians. We show that this has implications both for voter tolerance of high taxes and...
Persistent link: https://www.econbiz.de/10012474939
equilibrium that supports optimal experimentation for any voting rule without veto players. With veto players, however, optimal …
Persistent link: https://www.econbiz.de/10012480686
We study the properties of the group-based model of voting in elections with more than two candidates. We consider two … equilibria under both rules and identify the features of an election that favor different types of voting behavior: either … sincere voting or coordination behind a limited number of candidates. Comparing plurality and majority runoff, we find that …
Persistent link: https://www.econbiz.de/10012453816
For voters with "social" preferences, the expected utility of voting is approximately independent of the size of the … rational socially-motivated voting has a feedback mechanism that stabilizes turnout at reasonable levels (e.g., 50% of the …
Persistent link: https://www.econbiz.de/10012465085
The paper studies a simple voting system that has the potential to increase the power of minorities without sacrificing … majority, and the aggregate payoffs all match the theory …
Persistent link: https://www.econbiz.de/10012467002
estimate the effect of social image concerns on voting. In a door-to-door survey about election turnout, we experimentally vary …, and (iii) the incentives to lie about past voting. Our estimates suggest significant social image concerns. For a … plausible range of lying costs, we estimate the monetary value of voting `because others will ask' to be in the range of $5 …
Persistent link: https://www.econbiz.de/10012458830
public schooling. We develop a theory which integrates private education and fertility decisions with voting on public … political power can lead to multiple equilibria in the determination of public education spending. The main predictions of the … theory are consistent with state-level and micro data from the United States as well as cross-country evidence from the PISA …
Persistent link: https://www.econbiz.de/10012465331
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
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