Showing 1 - 8 of 8
This paper explores the interdependency of political institutions from the voter's perspective. Specifically, we are interested in: Does the partisan identity of the mayor influence the voter's decision in the subsequent town council election?; Does this partisan identity influence the vote in...
Persistent link: https://www.econbiz.de/10013112896
We consider an economy where competing political parties alternate in office. Due to rent-seeking motives, incumbents have an incentive to set public expenditures above the socially optimum level. Parties cannot commit to future policies, but they can forge a political compromise where each...
Persistent link: https://www.econbiz.de/10013054495
This paper studies the effects on electoral competition of political parties relying on monetary donations and volunteer labor for their electioneering activities. It also examines whether a recorded decline in party activism increases special-interest influence on party policy platforms....
Persistent link: https://www.econbiz.de/10013315913
Since 2000, ten states have enacted strict voter identification laws, which require that voters show identification in order for their votes to count. While proponents argue these laws prevent voter fraud and protect the integrity of elections, opponents argue they disenfranchise low-income and...
Persistent link: https://www.econbiz.de/10012480150
This article considers situations in which plaintiffs seek nonmonetary judgments, for instance, custody of a child or an injunction. The primary questions of interest concern when parties will be likely to settle and, if so, what the nature of their settlements will be. The answers to these...
Persistent link: https://www.econbiz.de/10012474968
Effective policy-making requires that voters avoid electing malfeasant politicians. However, as our simple learning model emphasizing voters' prior beliefs and updating highlights, informing voters of incumbent malfeasance may not entail sanctioning. Specifically, electoral punishment of...
Persistent link: https://www.econbiz.de/10012452835
We analyze a model of US presidential primary elections for a given party. There are two candidates, one of whom is a higher quality candidate. Voters reside in m different states and receive noisy private information about the identity of the superior candidate. States vote in some order, and...
Persistent link: https://www.econbiz.de/10012459321
Why are contracts incomplete? Transaction costs and bounded rationality cannot be a total explanation since states of the world are often describable, foreseeable, and yet are not mentioned in a contract. Asymmetric information theories also have limitations. We offer an explanation based on...
Persistent link: https://www.econbiz.de/10012459661