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The theoretical public-choice literature suggests that vote trading is an important determinant of congressional voting behavior. Yet empirical voting models do not allow for vote trading. These models recognize that observed ideology may influence legislative behavior but do not correct for...
Persistent link: https://www.econbiz.de/10005820381
Speeding tickets are determined not only by the speed of the offender, but also by incentives faced by police officers and their vote-maximizing principals. We hypothesize that police officers issue fines more frequently when drivers have a higher opportunity cost of contesting a ticket, and...
Persistent link: https://www.econbiz.de/10004999804
The authors develop a positive theory of how interest-group competition shapes the organization of Congress and use it to explain campaign contribution patterns in financial services. Since interest groups cannot enforce fee-for-service contracts with legislators, legislators have an incentive...
Persistent link: https://www.econbiz.de/10005563902