Showing 1 - 10 of 77
Introducing a threshold in the sense of a minimal project size transforms a public goods game with an inefficient … thresholds are ineffective at best and often counter-productive. This holds under a range of threshold levels and refund rates …. We test if thresholds perform better if they are endogenously chosen, i.e. if a threshold is approved in a referendum …
Persistent link: https://www.econbiz.de/10013316272
Economists usually think that rational voters have little incentives to acquire costly information. We present a theoretical model to show that, in contrast to this widely held belief, rational voters acquire considerable amounts of information if media technology is available because then they...
Persistent link: https://www.econbiz.de/10013087270
benefit a lot from having a ticket, suggesting instrumental voting. In each referendum, a majority votes in line with self …-interest, providing strong evidence for pocketbook voting. However, social preferences like altruism, public good considerations and …
Persistent link: https://www.econbiz.de/10013024682
We study the efficient allocation of spending and taxation authority in a federation in which federal politicians are exposed to electoral uncertainty. We show that centralization may, but need not, result in a loss of electoral accountability. We identify an important asymmetry between positive...
Persistent link: https://www.econbiz.de/10013144284
from gender differences in simple economic choice tasks, to voting over policy and to the resulting outcomes. We conduct a … gender difference is large relative to other voting differences based on observable characteristics and is partly explained … by gender gaps in preferences and beliefs. Gender voting gaps persist with experience and in environments with varying …
Persistent link: https://www.econbiz.de/10012929252
problem, we introduce a triple mechanism involving political information markets, reelection threshold contracts, and … democratic elections. An information market is used to predict the long-term performance of a policy, while threshold contracts …
Persistent link: https://www.econbiz.de/10013130416
Previous research has established that good-looking political candidates win more votes. We extend this line of research by examining differences between parties on the left and on the right of the political spectrum. Our study combines data on personal votes in real elections with a web survey...
Persistent link: https://www.econbiz.de/10013131348
Rational choice theories of electoral participation stress that an individual's decision to vote depends on her expected net benefit from doing so. If this instrumental motive is relevant, then turnout should be higher in elections where more is at stake. We test this prediction, by studying how...
Persistent link: https://www.econbiz.de/10013138026
find that instrumental voting prevails in small rural municipalities and expressive voting in larger cities. As expressive … urban voters may impose their will on the voters of rural cantons voting instrumentally …
Persistent link: https://www.econbiz.de/10013118680
Fiscal decentralization is high on the agenda in policy fora. This paper empirically investigates the underlying causes of fiscal decentralization, based on the predictions of a simple political economy model. We argue that the likeliness that a central government engages in devolution of powers...
Persistent link: https://www.econbiz.de/10013120275