Showing 1 - 10 of 7,692
This paper studies how interest groups allocate campaign contributions when congressmen are connected by social ties. We establish conditions for the existence of a unique Nash equilibrium in pure strategies for the contribution game and characterize the associated allocation of the interest...
Persistent link: https://www.econbiz.de/10012981101
We survey recent theoretical and empirical literature on political economics of non-democracies. Dictators face many challenges to their rule: internal, such as palace coups or breakdown of their support coalition, or external, such as mass protests or revolutions. We analyze strategic decisions...
Persistent link: https://www.econbiz.de/10013289026
We examine the effects of the interaction between lobbying and legislative bargaining on policy formation. Two systems … policies generated are not intermediate between policies that would result from pure lobbying or from pure legislative … contributions are very small, despite the fact that lobbying has a marked effect on policies …
Persistent link: https://www.econbiz.de/10014158137
We study the competition between two political parties for seats in a parliament. The parliament will set two types of policies: ideological and non-ideological. The parties have fixed positions on the ideological issues, but choose their non-ideological platforms to attract voters and campaign...
Persistent link: https://www.econbiz.de/10013230596
Economic theories posit that bank liability insurance is designed as serving the public interest by mitigating systemic risk in the banking system through liquidity risk reduction. Political theories see liability insurance as serving the private interests of banks, bank borrowers, and...
Persistent link: https://www.econbiz.de/10012992658
We investigate how criminal organizations strategically use violence to influence elections in order to get captured politicians elected. The model offers novel testable implications about the use of pre-electoral violence under different types of electoral systems and different degrees of...
Persistent link: https://www.econbiz.de/10012996383
A journalist reports to a voter on an unknown, policy-relevant state. Competing special interests can make claims that contradict the facts but seem credible to the voter. A reputational incentive to avoid taking sides leads the journalist to report special interests' claims to the voter. In...
Persistent link: https://www.econbiz.de/10013034383
This paper reviews the literature on corporate political strategy and identifies a number of open research questions and streams for potential investigation. The paper develops a framework to explain why, when, and how a firm will pursue multi-forum political action as part of its non-market and...
Persistent link: https://www.econbiz.de/10013152560
This paper analyzes the impact of international trade on the quality of institutions, such as contract enforcement, property rights, or investor protection. It presents a model in which imperfect institutions create rents for some parties within the economy, and are a source of comparative...
Persistent link: https://www.econbiz.de/10013117386
-group theory of government. Part I of this paper explains our theory of the independent judiciary. Part II discusses several … implications of the theory, relating to administrative regulation, the form of interest-group legislation, the tenure of judges …
Persistent link: https://www.econbiz.de/10013232172