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Asymmetric information between voters and legislative representatives poses a major challenge to the functioning of representative democracy. We examine whether representatives are more likely to serve long-term campaign donors instead of constituents during times of low media attention to...
Persistent link: https://www.econbiz.de/10011949175
connects theory and data. We take input-output linkages across industries into account and make use of the recently established …
Persistent link: https://www.econbiz.de/10010516481
In this paper, we present a directed search model of the housing market. The pricing mechanism we analyze reflects the way houses are bought and sold in the United States. Our model is consistent with the observation that houses are sometimes sold above, sometimes below and sometimes at the...
Persistent link: https://www.econbiz.de/10003932400
We report results from a sender-receiver deception game, which tests whether an individual's decision to deceive is influenced by a concern for relative standing in a reference group. The sender ranks six possible outcomes, each specifying a payoff for him and the receiver. A message is then...
Persistent link: https://www.econbiz.de/10010404042
The increase in female employment and participation rates is one of the most dramatic economic changes to have taken place during the last century. However, while the employment rate of married women more than doubled during the last fifty years, that of unmarried women remained almost constant....
Persistent link: https://www.econbiz.de/10003910297
of the lobbying investment depends on whether or not the candidates are willing to respond and able to collude on lowtax … policies that do not harm their relative chances in the elections. In the experiment, we find that lobbying is never successful …% of societies with finitelyrepeated encounters. However, lobbying investments are not always profitable, and profitsharing …
Persistent link: https://www.econbiz.de/10009304319
Government intervention often gives rise to contests and the government can influence their outcome by choosing their type. We consider a contest with two interest groups: one that is governed by a central planner and one that is not. Rent dissipation is compared under two well-known contest...
Persistent link: https://www.econbiz.de/10010212997
. The two dimensions provide an opportunity to trade off one policy over another to make the lobbying opposition less …
Persistent link: https://www.econbiz.de/10012372755
Many decisions taken in legislatures or committees are subject to lobbying efforts. A seminal contribution to the … literature on vote-buying is the legislative lobbying model pioneered by Groseclose and Snyder (1996), which predicts that … additional treatments with simultaneous moves. We find that lobbies buy supermajorities as predicted by the theory. Our results …
Persistent link: https://www.econbiz.de/10012035706
Economic and social situations where groups have to compete are ubiquitous. Such group contests create both a coordination problem within and between groups. Introducing leaders may help to mitigate these coordination problems. However, little is known about the effect of leadership in group...
Persistent link: https://www.econbiz.de/10015190589