Showing 1 - 10 of 17
The absence of the deselection threat in incumbents’ last term in office can be negative or positive for society. Some politicians may reduce their efforts, while others may pursue beneficial long-term policies that may be unpopular in the short term. We propose a novel pension system that...
Persistent link: https://www.econbiz.de/10011753222
We develop and study a two-period model of political competition with office- and policymotivated candidates, in which (i) changes of policies impose costs on all individuals and (ii) such costs increase with the magnitude of the policy change. We show that there is an optimal positive level of...
Persistent link: https://www.econbiz.de/10011753286
We examine the interaction between vote-share contracts and learning-by-doing. Candidates for a political office are allowed to offer vote-share thresholds. The elected politician has to achieve at least this threshold value in his reelection result to remain in office for a second term. We...
Persistent link: https://www.econbiz.de/10011753178
We analyze Assessment Voting, a new two-round voting procedure that can be applied to binary decisions in democratic societies. In the first round, a randomly-selected number of citizens cast their vote on one of the two alternatives at hand, thereby irrevocably exercising their right to vote....
Persistent link: https://www.econbiz.de/10011853963
We examine the legislative game with open rules proposed by Baron and Ferejohn (1989). We first show that the three-group equilibrium suggested by Baron and Ferejohn does not always obtain. Second, we characterize the set of stationary equilibria for simple and super majority rules. Such...
Persistent link: https://www.econbiz.de/10011753128
In this paper we propose minority voting as a scheme that can partially protect individuals from the risk of repeated exploitation. We consider a committee that meets twice to decide about projects where the first-period project may have a long-lasting impact. In the first period a simple open...
Persistent link: https://www.econbiz.de/10011753134
I discuss instances where a committee wants to deviate from the simple majority rule by adopting an alternative voting scheme for two consecutive binary ballots. The alternative voting rule, called Minority Voting as an Exception (MVE), works as follows: In the first ballot a b-majority rule is...
Persistent link: https://www.econbiz.de/10011753179
Balanced Voting could be applied to elections. …
Persistent link: https://www.econbiz.de/10011753273
Often political races are not really competitive, and the path to reelection is smooth for many incumbents. In two-candidate races for office we suggest the introduction of a new re-election rule, which we call the “Score-replication Rule.” This rule requires that, to be reelected, any...
Persistent link: https://www.econbiz.de/10011753289
We outline a new voting procedure for representative democracies. This procedure should be used for important decisions only and consists of two voting rounds: a randomly-selected subset of the citizens is awarded a one-time voting right. The parliament also votes, and the two decisions are...
Persistent link: https://www.econbiz.de/10011753320