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Competitive equilibrium in Markets for Votes
Casella, Alessandra; Llorente-Saguer, Aniol; Palfrey, … - C.E.P.R. Discussion Papers - 2010
We develop a competitive equilibrium theory of a market for votes. Before voting on a binary issue, individuals may buy … and the market generates welfare losses, relative to simple majority voting, if the committee is large enough. We test the …
Persistent link: https://www.econbiz.de/10008534095
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Minorities and Storable Votes
Casella, Alessandra; Palfrey, Thomas R; Riezman, Raymond - C.E.P.R. Discussion Papers - 2005
The paper studies a simple voting system that has the potential to increase the power of minorities without sacrificing … confirmed by a series of experiments: the frequency of minority victories, the relative payoff of the minority versus the …
Persistent link: https://www.econbiz.de/10005656276
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Vote Trading With and Without Party Leaders
Casella, Alessandra; Palfrey, Thomas R; Turban, Sébastien - C.E.P.R. Discussion Papers - 2012
have different, privately observed intensities of preferences and before voting can buy or sell votes among themselves for …
Persistent link: https://www.econbiz.de/10011084134
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Tax Rules
Gersbach, Hans; Hahn, Volker; Imhof, Stephan - C.E.P.R. Discussion Papers - 2010
We examine the provision of public projects under tax and subsidy rules. We find that tax rules separated from project cum subsidy decisions exhibit several advantages when incentive problems of the agenda-setter are taken into account. In particular, tax rules may prevent the proposal of...
Persistent link: https://www.econbiz.de/10008468549
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Debt-sensitive Majority Rules
Becker, Johannes Gerd; Gersbach, Hans; Grimm, Oliver - C.E.P.R. Discussion Papers - 2010
We examine debt-sensitive majority rules. According to such a rule, the higher a planned public debt, the higher the parliamentary majority required to approve it. In a two-period model we compare debt-sensitive majority rules with the simple majority rule when individuals differ regarding their...
Persistent link: https://www.econbiz.de/10008468567
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Bringing Home the Bacon: An empirical analysis of the extent and effects of pork-barreling in Australian politics
Leigh, Andrew - Research School of Economics, College of Business and … - 2008
Which electorates receive targeted funding, and does targeted funding swing votes? To answer these questions, I analyze four discretionary programs funded by the Australian federal government during the 2001-2004 election cycle. Controlling for relevant demographic characteristics of the...
Persistent link: https://www.econbiz.de/10004971337
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Economic Voting and Electoral Behaviour: How do Individual, Local and National Factors Affect the Partisan Choice?
Leigh, Andrew - Research School of Economics, College of Business and … - 2005
What impact do income and other demographic factors have on a voter’s partisan choice? Using post-election surveys of 14,000 voters in ten Australian elections between 1966 and 2001, I explore the impact that individual, local and national factors have on voters’ decisions. In these ten...
Persistent link: https://www.econbiz.de/10004977279
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Market Mechanisms for Policy Decisions
Casella, Alessandra - C.E.P.R. Discussion Papers - 2001
The thesis of this Paper is that more transparent, rule-bound and subtle mechanisms for policy coordination will be needed to ensure the success of an enlarged European Union. A common policy is a public good with distributional implications. Economists have developed a large number of plausible...
Persistent link: https://www.econbiz.de/10005123572
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Storable Votes and Agenda Order Control. Theory and Experiments
Casella, Alessandra - C.E.P.R. Discussion Papers - 2008
The paper studies a voting scheme where members of a committee voting sequentially on a known series of binary … simple majority voting. But if one of the voters controls the order of the agenda, does the scheme become less efficient? The … parameterizations studied. The theoretical conclusions are tested through laboratory experiments. Subjects have difficulty identifying …
Persistent link: https://www.econbiz.de/10005123593
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Clientelism and Aid
Casamatta, Georges; Vellutini, Charles - C.E.P.R. Discussion Papers - 2006
Using a model of probabilistic voting, we analyse the impact of aid on the political equilibrium in the recipient …
Persistent link: https://www.econbiz.de/10005124076