Showing 1 - 10 of 49
We experimentally investigate the effects of group size on behavior and outcomes in a multilateral bargaining game. Using a Baron–Ferejohn protocol, our main interest is in the extent of costly delay (number of bargaining rounds needed to reach agreement). We investigate the effects of group...
Persistent link: https://www.econbiz.de/10011209594
This article describes a large number of contestants with high and low levels of talent who individually decide to enter a contest or take their heterogeneous outside options. We derive a critical condition for which only high types, only low types or both types participate in the contest. If a...
Persistent link: https://www.econbiz.de/10011209605
This paper presents a theory of endogenous economic institutions in non-democracies, where political accountability is enforced through the threat of revolution. We consider a dynamic game between an elite ruling class and a disenfranchised working class, in which workers have imperfect...
Persistent link: https://www.econbiz.de/10011209608
Data on campaign contributions of PACs (political action committees) in the US does not contain the PACs' issues of concern. Additionally, while recent US lobbying data details the issues of concern for an interest group, it does not detail the Congressional representatives lobbied by the...
Persistent link: https://www.econbiz.de/10011209610
We analyze the effect of gender quotas on electoral participation by using a dataset regarding Italian municipal elections. Gender quotas were in force in Italy from 1993 to 1995. Given the short period covered by the reform, some municipalities never voted using a gender quota. We identify a...
Persistent link: https://www.econbiz.de/10010906899
Regulation of campaign finance of political parties and candidates is intended to decrease the political influence of special interest groups and enhance the public interest in electoral outcomes. I investigate empirically the consequences of campaign financing regulations and find that public...
Persistent link: https://www.econbiz.de/10011056243
We compare the legislature quality under an exclusive, centralized selectorate (such as a party-principal) with that under an inclusive, decentralized selectorate (such as a party-primary). In our model, two parties compete over three districts: two are home districts of each party while the...
Persistent link: https://www.econbiz.de/10011056244
The paper analyzes a political accountability game with an electorate of ‘partisan’ and ‘independent’ voters. It is shown that politicians have a strategic incentive to engage in ‘divisive politics’, that is, to force some independent voters to take sides, even if the direct...
Persistent link: https://www.econbiz.de/10011056245
In this paper we aim to understand how bounded rationality affects performance of democratic institutions. We consider policy choice in a representative democracy when voters do not fully anticipate a politician's strategic behavior to manipulate his reelection chances. We find that this limited...
Persistent link: https://www.econbiz.de/10011056252
Can multinational firms exert more power than national firms by influencing politics through lobbying? To answer this question, we analyze the extent of national environmental regulation when policy is determined in a lobbying game between a government and a firm. We compare the resulting...
Persistent link: https://www.econbiz.de/10011056254