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Why does centralisation fail to internalise policy externalities?

Dur, Robert A. J.; Roelfsema, Hein J. - 2003 - Rev.

We provide an explanation why centralisation of political decision makingresults in overspending in some policy domains, whereas too low spending persists in others.We study a model in which delegates from jurisdictions bargain over local public goods provision.If all of the costs of public...

Persistent link: https://www.econbiz.de/10011326940

Why do policy makers stick to inefficient decisions?

Dur, Robert A. J. - 1999 - This draft: June 1999

This paper offers an explanation for why policy makers stick to inefficient policy decisions. I argue that repealing a policy is a bad signal to voters about the policy maker's competence if voters do not have complete knowledge about the effects of implemented policies. I derive the optimal...

Persistent link: https://www.econbiz.de/10011301144

Do elections lead to informed public decisions?

Swank, Otto H.; Visser, Bauke - 2003

. Elections are needed as a carrot and a stick to motivate politicians, yet politicians who are overly interested in re-election …

Persistent link: https://www.econbiz.de/10011334365

Politicians' motivation, role of elections, and policy choices

Wrasai, Phongthorn - 2005

We develop a simple two period model to study the importance of motivational differences among politicians in describing the role of elections and explaining policy choices. In our model, politicians differ in their motives of running public office. Good politicians care about policies while bad...

Persistent link: https://www.econbiz.de/10011343267

Bargaining in the presence of condorcet cycles : the role of asymmetries

Kamm, Aaron; Houba, Harold - 2015

equilibrium predictions. The main deviations from theory are: a) Subjects under-exploit their bargaining power by being more … probabilities exhibits systematic deviations from theory. This suggests that subjects do not fully grasp the subtle effects …

Persistent link: https://www.econbiz.de/10010532580

The condorcet paradox revisited

Herings, Peter Jean-Jacques; Houba, Harold - 2010

We analyze the simplest Condorcet cycle with three players and three alternatives within a strategic bargaining model with recognition probabilities and costless delay. Mixed consistent subgame perfect equilibria exist whenever the geometric mean of the agents' risk coefficients, ratios of...

Persistent link: https://www.econbiz.de/10011380046

Punching above one's weight : the case against election campaigns

Haan, Marco; Los, Bart; Onderstal, Sander; Riyanto, … - 2010

Politicians differ in their ability to implement some policy. In an election, candidates make commitments regarding the …

Persistent link: https://www.econbiz.de/10011380750

Do polls create momentum in political competition?

Denter, Philipp; Sisak, Dana - 2013 - This version: October 2013

We explore how public opinion polls affect candidates' campaign spending in political competition. Generally, polls lead to (more) asymmetric behavior. Under a majority rule there always exists an equilibrium in which the initially more popular candidate invests more in the campaign and thereby...

Persistent link: https://www.econbiz.de/10010224792

Reputation shocks and strategic responses in electoral campaigns

Poblete Cazenave, Rubén - 2021

Information affecting a candidate's reputation might have significant electoral consequences. Do candidates respond to the release of information? Using Brazilian elections and audits as an exogenous source of information, I show that both incumbent and challenger increase their campaign...

Persistent link: https://www.econbiz.de/10012545128

A theory on media bias and elections

Sun, Junze; Schram, Arthur; Sloof, Randolph - 2019

We develop a tractable theory to study the impact of biased media on election outcomes, voter turnout and welfare. News … elections, the former determines the election outcome, whereas the latter drives voter turnout. With a single media outlet, a … rise in media bias affects the election outcome in a non-monotonic way, and reduces voter welfare by decreasing the …

Persistent link: https://www.econbiz.de/10012030647

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