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given party ideological predispositions and power distribution determine the expected policy outcome. Our analysis applies … weighted by power. Our second result clarifies how the success of an interest group hinges on the dominance of its ideology in … what condition an interest group prefers to direct its lobbying efforts to two parties or the two coalition and opposition …
Persistent link: https://www.econbiz.de/10013096476
We evaluate the empirical relevance of de facto vs. de jure determinants of political power in the U.S. South between … majority represents a threat to the de facto power of white elites. Moreover, the effect of race becomes stronger after 1890 …
Persistent link: https://www.econbiz.de/10013103038
the literature on executive pay: the manager power hypothesis and the efficient pay hypothesis. We find support for the … manager power hypothesis for Germany as executives tend to be rewarded when the sector is doing well rather than the firm they …
Persistent link: https://www.econbiz.de/10013108264
This paper develops a theory of the allocation of authority between two parties that produce impure public goods. We show that the optimal allocation depends on technological factors, the parties' valuations of the goods produced, and the degree of impurity of these goods. When the degree of...
Persistent link: https://www.econbiz.de/10012780020
vote independently of each other. Thus, we receive as an empirical result what the previous voting power literature assumed …
Persistent link: https://www.econbiz.de/10012868829
this study is its illustration of how the use of fiscal policy affects the local political power of legislators in Brazil …
Persistent link: https://www.econbiz.de/10013059677
five in the unification of three fundamental sociobehavioral forces - justice, status, and power - and the subsequent …
Persistent link: https://www.econbiz.de/10013317201
political power can lead to multiple equilibria in the determination of public education spending. The main predictions of the …
Persistent link: https://www.econbiz.de/10013319556
of the lobbying investment depends on whether or not the candidates are willing to respond and able to collude on low …-tax policies that do not harm their relative chances in the elections. In the experiment, we find that lobbying is never successful …% of societies with finitely-repeated encounters. However, lobbying investments are not always profitable, and profit …
Persistent link: https://www.econbiz.de/10013132418
outcomes and in politics through lobbying, campaign contributions, and voter mobilization, this work adds a new perspective on …
Persistent link: https://www.econbiz.de/10013107689