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emerges with nontrivial voting costs and modest altruism. The model can explain higher turnout in close elections as well as …
Persistent link: https://www.econbiz.de/10005791465
contracts, and democratic elections. An information market is used to predict the long-term performance of a policy, while …
Persistent link: https://www.econbiz.de/10005067506
contracts during their campaign. These threshold contracts do not violate the liberal principle of free and anonymous elections …
Persistent link: https://www.econbiz.de/10005656153
In this paper we examine the impact of tax contracts, a novel instrument, on elections, policies, and welfare. We …
Persistent link: https://www.econbiz.de/10011083822
copious corruption not only decreases incumbent support in local elections in Mexico, but also decreases voter turnout …
Persistent link: https://www.econbiz.de/10011084114
In elections that take place in a less-than-perfect democracy, incumbency advantages are different from those in mature … model of elections and mass protests, where the purpose of competitive elections is to reveal information about the relative … elections, mediocre ones prevent credible opponents from running or cancel elections, and the least competent ones use outright …
Persistent link: https://www.econbiz.de/10011084133
This paper studies fiscal federalism when regions differ in voters’ ability to monitor public officials. We develop a model of political agency in which rent-seeking politicians provide public goods to win support from heterogeneously informed voters. In equilibrium, voter information...
Persistent link: https://www.econbiz.de/10011084457
sustainability. We show that the dual democratic mechanism – rejection/support rewards (RSRs) for politicians and elections – can …
Persistent link: https://www.econbiz.de/10005662383
This paper investigates the role of campaign advertising and the opportunity of legal restrictions on it. An electoral race is modeled as a signalling game with three classes of players: a continuum of voters, two candidates, and one interest group. The group has non-verifiable insider...
Persistent link: https://www.econbiz.de/10005666899
combination of elections and incentive contracts can alleviate this inefficiency. The incentive contract does not require …
Persistent link: https://www.econbiz.de/10005789074