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Smooth Politicians and Paternalistic Voters : A Theory of Large Elections
Faravelli, Marco - 2011
We propose a new game theoretic approach to modeling large elections that overcomes the "paradox of voting" in a costly voting framework, without reliance on the assumption of ad hoc preferences for voting. The key innovation that we propose is the adoption of a "smooth" policy rule under which...
Persistent link: https://www.econbiz.de/10013120312
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Mediocracy
Mattozzi, Andrea - 2007
political party may deliberately choose to recruit only mediocre politicians, in spite of the fact that it could afford to … recruit better individuals who would like to become politicians. We argue that this finding may contribute to explain the …
Persistent link: https://www.econbiz.de/10012777606
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An Experiment in Candidate Selection
Casey, Katherine - 2019
Are ordinary citizens or political party leaders better positioned to select candidates? While the American primary system lets citizens choose, most democracies rely instead on party officials to appoint or nominate candidates. The consequences of these distinct design choices are unclear:...
Persistent link: https://www.econbiz.de/10012864481
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Norms in Bargaining : Evidence from Government Formation in Spain
Fujiwara, Thomas - 2017
,898 municipal Spanish elections in which two parties tie in the number of seats. The party with slightly more general election votes …
Persistent link: https://www.econbiz.de/10012940807
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Governance and Stakeholders
Mehrotra, Vikas - 2017
, shareholder value maximization constitutes something of a bright line; whereas stakeholder welfare maximization is an ill …
Persistent link: https://www.econbiz.de/10012954931
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Friends in High Places
Cohen, Lauren - 2010
We demonstrate that personal connections amongst politicians have a significant impact on the voting behavior of U ….S. politicians. Networks based on alumni connections between politicians, as well as common seat locations on the chamber floor, are …
Persistent link: https://www.econbiz.de/10013137309
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Does Gender Matter for Political Leadership? The Case of U.S. Mayors
Ferreira, Fernando V. - 2011
What are the consequences of electing a female leader for policy and political outcomes? We answer this question in the context of U.S. cities, where women's participation in mayoral elections increased from negligible numbers in 1970 to about one-third of the elections in the 2000's. We use a...
Persistent link: https://www.econbiz.de/10013117391
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The Control of Politicians in Normal Times and Times of Crisis : Wealth Accumulation by U.S. Congressmen, 1850-1880
Querubin, Pablo - 2011
We employ a regression discontinuity design based on close elections to estimate the rents from a seat in the U.S. congress between 1850-1880. Using census data, we compare wealth accumulation among those who won or lost their first race by a small margin. We find evidence of significant returns...
Persistent link: https://www.econbiz.de/10013117869
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A Political Theory of Populism
Acemoglu, Daron - 2011
When voters fear that politicians may have a right-wing bias or that they may be influenced or corrupted by the rich … right. Truly right-wing politicians respond by choosing more moderate, or even left-of-center policies. This populist bias … polarization between the policy preferences of the median voter and right-wing politicians; when politicians are indeed more likely …
Persistent link: https://www.econbiz.de/10013121061
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Private Returns to Public Office
Fisman, Raymond J. - 2012
, we rule out a range of alternative explanations for differential earnings of politicians and a relevant control group …
Persistent link: https://www.econbiz.de/10013106303