Showing 1 - 10 of 32
We study political polarization in a parliamentary setting dominated by strong parties. In addition to examining polarization along the left-right dimension, we consider political divergence between legislators belonging to the same political bloc. Are politicians’ background characteristics...
Persistent link: https://www.econbiz.de/10013250742
Is politics a lucrative business? The question is approached in this paper, as one of few to quantify the monetary returns to holding political office in a typical developed democracy where parties are the main political actors. By applying a difference-in-difference setting with a carefully...
Persistent link: https://www.econbiz.de/10012892297
We develop a model of political competition with endogenous turnout and endogenous platforms. Parties trade off incentivizing their supporters to vote and discouraging the supporters of the competing party from voting. We show that the latter objective is particularly pronounced for a party with...
Persistent link: https://www.econbiz.de/10013237224
This paper studies the effects of endogenous party formation on political platforms. It develops a model in which parties allow like-minded citizens to, first, share the cost of running in a public election and, second, coordinate on a policy platform. The paper characterizes the set of...
Persistent link: https://www.econbiz.de/10013322788
We assess the influence of moneyed interests on legislative decisions. Our theory predicts that the vote outcome distribution and donation flows in a legislature feature a discontinuity at the approval threshold of bills if special interest groups are involved in vote buying. Testing the...
Persistent link: https://www.econbiz.de/10012861433
The effective number of political parties (ENP) in a single member plurality rule electoral system is analyzed as a dynamic process whereby the tournament nature of the election contest induces excessive entry and sunk entry costs promote persistence even as Duverger-Demsetz type political...
Persistent link: https://www.econbiz.de/10012829328
This is the first study that assesses the economic effects of direct democratic institutions on a cross country basis. Its results are based on up to six new measures produced to reflect the legislative basis for using direct democratic institutions as well as their factual use. In addition, a...
Persistent link: https://www.econbiz.de/10013316691
This paper investigates on the demographic, economic, political and cultural determinants of direct democracy in 87 countries using an index of direct democracy. The test is interesting since there are important variations across these countries in the referendum and initiative use. We apply a...
Persistent link: https://www.econbiz.de/10013316998
Concern about potential free riding in the provision of public goods has a long history. More recently, experimental economists have turned their attention to the conditions under which free riding would be expected to occur. A model of free riding is provided here which demonstrates that...
Persistent link: https://www.econbiz.de/10010274945
We review methodological questions relevant for the design of information provision experiments. We first provide a literature review of major areas in which information provision experiments are applied. We then outline key measurement challenges and design recommendations that may be of help...
Persistent link: https://www.econbiz.de/10012828976