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The Efficacy and Efforts of Interest Groups in Post Elections Policy Formation
Epstein, Gil S.; Mealem, Yosef; Nitzan, Shmuel - 2021
power. Our second result clarifies how the success of an interest group hinges on the dominance of its ideology in the …
Persistent link: https://www.econbiz.de/10013315833
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Social Ideology and Taxes in a Differentiated Candidates Framework
Krasa, Stefan; Polborn, Mattias - 2021
How does ideological polarization on non-economic matters influence the size of government? We analyze this question using a differentiated candidates framework: Two office-motivated candidates differ in their (fixed) ideological position and their production function for public goods, and...
Persistent link: https://www.econbiz.de/10013315995
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Habit Formation, Strategic Extremism and Debt Policy
Matsen, Egil; Thogersen, Oystein - 2021
We suggest a probabilistic voting model where voters' preferences for alternative public goods display habit formation. Current policies determine habit levels and in turn the future preferences of the voters. This allows the incumbent to act strategically in order to influence the probability...
Persistent link: https://www.econbiz.de/10013316650
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An Experimental Test of the Validity of Survey-Measured Political Ideology
Laméris, Maite D. - 2018
We examine the predictive validity of survey-measured left-right political ideology by testing whether this measure is …, conditional on entitlement concerns, self-reported right-wing ideology significantly predicts preferences for efficiency. Reported … left-wing ideology does not have predictive value in explaining preferences for equality …
Persistent link: https://www.econbiz.de/10012912436
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Hanging Together or Being Hung Separately : The Strategic Power of Coalitions Where Bargaining Occurs with Incomplete Information
Konrad, Kai A. - 2013
What is the strategic role of membership in an intergovernmental group with unanimity requirements if the group negotiates with an external player in a setting with incomplete information? Being in such a group has a strategic effect compared to negotiating as a stand-alone player and reduces...
Persistent link: https://www.econbiz.de/10013087729
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Incomplete Property Rights and Overinvestment
Amegashie, J. Atsu - 2009
I consider a model in which an asset owner must decide how much to invest in his asset mindful of the fact that an encroacher's valuation of the asset is increasing in the asset owner's investment. Due to incomplete property rights, the encroacher and asset owner engage in a contest over the...
Persistent link: https://www.econbiz.de/10013157848
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Learning to Tax - Interjurisdictional Tax Competition Under Incomplete Information
Becker, Johannes - 2017
How do countries compete for mobile tax base when they lack precise information on how tax rates affect the tax base? We present a multi-period version of a classic tax competition model in which countries set source-based taxes under incomplete information on the tax base elasticity. This...
Persistent link: https://www.econbiz.de/10012942996
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Information Frictions and Market Power : A Laboratory Study
Bayona, Anna - 2020
In a laboratory experiment with supply function competition and private information about correlated costs we study whether cost interdependence leads to greater market power in relation to when costs are uncorrelated in the ways predicted by Bayesian supply function equilibrium. We find that...
Persistent link: https://www.econbiz.de/10012855218
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The Role of Bounded Rationality and Imperfect Information in Subgame Perfect Implementation - An Empirical Investigation
Aghion, Philippe - 2015
mechanism should - in theory - provide incentives for truth-telling, many buyers in fact believe that they can increase their …
Persistent link: https://www.econbiz.de/10013023914
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Uncertainty and Fiscal Policy in an Asymmetric Monetary Union
Hefeker, Carsten - 2013
The paper examines the monetary-fiscal interactions in a monetary union model with uncertainty due to imperfect central bank transparency. We first show that monetary uncertainty disciplines fiscal policymakers and thereby reduces taxes, average inflation and output distortions. However, as more...
Persistent link: https://www.econbiz.de/10012753473