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members can improve the voting outcome by simplifying the strategies of unbiased members. Thus, heterogeneous committees …
Persistent link: https://www.econbiz.de/10009645633
’s recommendations. We find that voting recommendations do indeed matter, implying that even in a secularized world, religion plays a … crucial role in voting decisions. …
Persistent link: https://www.econbiz.de/10010723526
Using a natural voting experiment in Switzerland that encompasses a 160-year period (1848–2009), we investigate whether …
Persistent link: https://www.econbiz.de/10010568471
We analyze the voting behavior of a board of directors that has to approve (or reject) an investment proposal with … obstacle to profit maximization provided that an appropriate sequential voting protocol is followed. We also show that a proper …
Persistent link: https://www.econbiz.de/10008833882
positions. The dataset includes the voting behavior of 257 MPs in 218 roll-call votes. Our results do not show that parties … account for the voting behavior by punishing politicians who have voted against the party line. Political parties may attract … different groups of voters by tolerating politicians who vote according to their own credo. Qualities other than the voting …
Persistent link: https://www.econbiz.de/10012953695
Explaining individual behavior in politics should rely on the same motivational assumptions as explaining behavior in the market: That’s what Political Economy, understood as the application of economics to the study of political processes, is all about. In its standard variant, those who...
Persistent link: https://www.econbiz.de/10010948848
ideological policy dimension. Voters achieve this outcome by following a simple lexicographic voting strategy. They cast their …
Persistent link: https://www.econbiz.de/10010539147
This paper shows why a majority of legislators may vote for a policy that benefits a firm but harms all legislators. The firm may induce legislators to support the policy by suggesting that it is more likely to invest in a district whose voters or representative support the policy. In...
Persistent link: https://www.econbiz.de/10010544187
informed than others. We develop a model where the voting mistakes resulting from low political knowledge reduce the weight of …. In US election survey data, we find that income is more important in affecting voting behavior for more informed voters …
Persistent link: https://www.econbiz.de/10009324089
characteristics to others. The model is one of rational voting and generates the following predictions: (i) The paradox of not voting … does not arise, because the benefit of voting does not vanish with population size. (ii) Turnout in elections is positively … related to the size of the local community and the importance of social interactions. (iii) Voting may exhibit bandwagon …
Persistent link: https://www.econbiz.de/10009416121