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Priority roads : the political economy of Africa's interior-to-coast roads

Bonfatti, Roberto; Gu, Yuan; Poelhekke, Steven - 2019

Africa's interior-to-coast roads are well suited to export natural resources, but not to support regional trade. Are they the optimal response to geography and comparative advantage, or the result of suboptimal political distortions? We investigate the political determinants of road paving in...

Persistent link: https://www.econbiz.de/10011960429

The political economy of commitment to policies

Delfgaauw, Josse; Swank, Otto H. - 2023

IPCC (2022) documents a looming gap between climate goals and implemented policies and points to a lack of political commitment. We study policymakers' incentives to commit. A policymaker decides on a policy to encourage citizens to make investments and determines the degree of flexibility to...

Persistent link: https://www.econbiz.de/10014369623

Lobbying of firms by voters

Dahm, Matthias; Dur, Robert A. J.; Glazer, Amihai - 2009

A firm may induce voters or elected politicians to support a policy it favors by suggesting that it is more likely to invest in a district whose voters or representatives support the policy. In equilibrium, no one vote may be decisive, and the policy may gain strong support though the majority...

Persistent link: https://www.econbiz.de/10011378822

On the dynamics of interest group formation and endogenous policymaking

Sadiraj, Vjollca; Tuinstra, Jan; Winden, Frans A. A. M. van - 2000

We present a dynamic model of the interaction between interest groupsand policymakers, featuringendogenous interest group formation. We show that complicated dynamicpatterns in economicpolicies may arise once interest group formation is taken intoaccount.

Persistent link: https://www.econbiz.de/10011303316

On the size of the winning set in the presence of interest groups

Sadiraj, Vjollca; Tuinstra, Jan; Winden, Frans A. A. M. van - 2005

Interest groups are introduced in a spatial model of electoral competition between two political parties. We show that the presence of these interest groups increases the winning set, which is the set of policy platforms for the challenger that will defeat the incumbent. Therefore interest...

Persistent link: https://www.econbiz.de/10011343278

The impact of lobbying on the allocation of political authority

Falconieri, Sonia - 2001

This paper studies the internal organizational design of politicalinstitutions in presence of lobbying. We consider a … of the feasible policies.In this context, we investigate the impact of lobbying on the optimalallocation of political … as the choicebetween two alternative legislative rules: open versus closed rule.We show that, in presence of lobbying …

Persistent link: https://www.econbiz.de/10011317444

What to put on and that to keep off the table? A politician's choice of which issues to address

Sayag, Rei S.; Swank, Otto H. - 2012

Persistent link: https://www.econbiz.de/10009724339

Learning dynamics and the support for economic reforms : why good news can be bad

Wijnbergen, Sweder van; Willems, Tim - 2012

Persistent link: https://www.econbiz.de/10009722659

Credit rationing effects of credit value-at-risk

Slijkerman, Jan Frederik; Smant, David Jan Cornelis; … - 2004

Banks provide risky loans to firms which have superior information regarding the quality of their projects. Due to asymmetric information the banks face the risk of adverse selection. Credit Value-at-Risk (CVaR) regulation counters the problem of low quality, i.e. high risk, loans and therefore...

Persistent link: https://www.econbiz.de/10011334832

Demand reduction and preemptive bidding in multi-unit license auctions

Goeree, Jacob K.; Offerman, Theo; Sloof, Randolph - 2004

Multi-unit ascending auctions allow for equilibria in which bidders strategically reduce their demand and split the market at low prices. At the same time, they allow for preemptive bidding by incumbent bidders in a coordinated attempt to exclude entrants from the market. We consider an...

Persistent link: https://www.econbiz.de/10011342575

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