Showing 1 - 10 of 2,498
In a system of proportional representation, we study the interaction between a voter's turnout decision and her party choice, and how these relate to party polarization. Quantal response equilibria predict such interaction effects. In particular they predict (i) a Polarization Effect: reduced...
Persistent link: https://www.econbiz.de/10010225770
There are many situations in which different groups make collective decisions by committee voting, with each group represented by a single person. A natural question is what voting system such a committee should use. Concepts based on voting power provide guidelines for this choice. The two most...
Persistent link: https://www.econbiz.de/10010337025
We ask three questions. First, do election systems differ in how they translate physical attractiveness of candidates into electoral success? Second, do political parties strategically exploit the "beauty premium" when deciding on which candidates to nominate, and, third, do elected MPs use...
Persistent link: https://www.econbiz.de/10012220044
This paper explores the link between trade structure, trade specialization and per capita incomegrowth. It is argued that industrial upgrading in export specialization patterns has a positive long-rungrowth effect, while the effect of structural change in industrial import patterns is in...
Persistent link: https://www.econbiz.de/10011335211
We propose a new estimator, the thresholded scaled Lasso, in high dimensional threshold regressions. First, we establish an upper bound on the l∞ estimation error of the scaled Lasso estimator of Lee et al. (2012). This is a non-trivial task as the literature on high-dimensional models has...
Persistent link: https://www.econbiz.de/10010477099
We examine the incentives of regions in a country to unite or toseparate. We find that smaller regions have greater incentives tounite, relative to larger regions. We show, however, that on thewhole, majority voting on separation and union generates excessiveincentives to separate. This leads us...
Persistent link: https://www.econbiz.de/10011303324
Persistent link: https://www.econbiz.de/10001471878
It is well-known that individuals born in different periods of time (cohorts)exhibit different wealth accumulation paths. While previous studies have usedcohort dummies to proxy for this fact, research in this area suffers from aserious identification problem, i.e., how to disentangle age, time,...
Persistent link: https://www.econbiz.de/10011302136
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
Politicians respond to incentives when they decide how to allocate their campaigning time and effort. The literature suggests electoral rules impact politicians' incentives. We argue that the candidate selection process is an equally important source of incentives. We develop a two-stage model...
Persistent link: https://www.econbiz.de/10013413488