Showing 1 - 10 of 1,645
We compare single ballot vs dual ballot elections under plurality rule, assuming sincere voting and allowing for partly endogenous party formation. Under the dual ballot, the number of parties is larger but the influence of extremist voters on equilibrium policy is smaller, because their...
Persistent link: https://www.econbiz.de/10012763997
The direct democratic choice of an examination standard, i.e., a performance level required to graduate, is evaluated against a utilitarian welfare function. It is shown that the median preferred standard is inefficiently low if the marginal cost of reaching a higher performance reacts more...
Persistent link: https://www.econbiz.de/10012925249
Using a natural voting experiment in Switzerland that encompasses a 160-year period (1848–2009), we investigate whether a higher level of complexity leads to increased reliance on expert knowledge. We find that when more referenda are held on the same day, constituents are more likely to refer...
Persistent link: https://www.econbiz.de/10013315872
We examine the extent to which political scandals influence trust in electoral institutions in established Western democracies. The second ballot of the 2016 Presidential election in Austria needed to be repeated because of inconsistencies in individual electoral districts (scandal districts)....
Persistent link: https://www.econbiz.de/10012964379
A fat and a healthy good provide immediate gratification, and cause health costs or benefits in the long run, which are misperceived. Additionally, the fat good (healthy good) increases (decreases) health care costs by increasing (decreasing) the probability of suffering from a chronic disease...
Persistent link: https://www.econbiz.de/10013013697
Models of political competition portray political candidates as seeking the support of the median voter to win elections by majority voting. In practice, political candidates seek supermajorities rather than majorities based on support of the median voter. We study the political benefits from...
Persistent link: https://www.econbiz.de/10013013699
This paper presents a new model of interest groups and policy formation in the legislature. In our setting, the already given party ideological predispositions and power distribution determine the expected policy outcome. Our analysis applies to the case of unenforced or enforced party...
Persistent link: https://www.econbiz.de/10013315833
, the theory's main insight being that the central government's electoral strength should, all else being equal, decrease …
Persistent link: https://www.econbiz.de/10013120275
We build a model of secession crises where voters may wish to accommodate the minority to prevent secession. We show the existence of a majority voting equilibrium with a government's type biased in favor of the minority. We propose a measure of secession risk and perform the comparative static...
Persistent link: https://www.econbiz.de/10013124688
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