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The Optimal Degree of Polarization
Ossokina, Ioulia V.; Swank, Otto - 2001
In the literature on electoral politics full convergence of policy platforms is usually regarded as socially optimal. Thereason is that risk-averse voters prefer a sure middle-of-the-road policy to a lottery of two extremes with the sameexpectation. In this paper we study the normative...
Persistent link: https://www.econbiz.de/10010324797
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Do Elections lead to Informed Public Decisions?
Swank, Otto H.; Visser, Bauke - 2003
and implement public policies, we show that examination takes place in spite of, rather than thanks to, elections …. Elections are needed as a carrot and a stick to motivate politicians, yet politicians who are overly interested in re …
Persistent link: https://www.econbiz.de/10010324884
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How Polarization and Political Instability affect Learning through Experimentation
Ossokina, Ioulia V.; Swank, Otto H. - 2001
elections (exogenous elections) andthe decision is salient and the election outcome depends on it (endogenous elections).We show …. Furthermore, in contrast to the existing literature, wedemonstrate that, when elections are exogenous, polarization between … political parties does not always decreaseactive learning. In the case with endogenous elections we find that electoral concerns …
Persistent link: https://www.econbiz.de/10010325052
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Reputation Shocks and Strategic Responses in Electoral Campaigns
Poblete Cazenave, Rubén - 2021
the release of information? Using Brazilian elections and audits as an exogenous source of information, I show that both … competitiveness of elections and, therefore, candidates' spending. Only information disclosed prior to electoral campaigns impacts …
Persistent link: https://www.econbiz.de/10012606015
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Voting from abroad: Assessing the impact of local turnout on migrants' voting behavior
Dev, Divya; Poblete-Cazenave, Rubén; Toppeta, Alessandro - 2021
Over 150 countries allow expatriate citizens to vote in their country of origin. Yet, little is known about their voting behavior and how this is affected by host countries. Using unique micro-data on Chilean expatriates living in Europe, we study how the host country's turnout affects...
Persistent link: https://www.econbiz.de/10012797245
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The Entrepreneurial Ladder and its Determinants
van der Zwan, Peter; Thurik, Roy; Grilo, Isabel - 2006
We test a new model where the entrepreneurial decision is described as a process of successive engagement levels, i.e., as an entrepreneurial ladder. Five levels are distinguished using nearly 12,000 observations from the 2004 “Flash Eurobarometer survey on Entrepreneurship” covering the 25...
Persistent link: https://www.econbiz.de/10010325547
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Entrepreneurial Progress: Climbing The Entrepreneurial Ladder in Europe and The US
van der Zwan, Peter; Verheul, Ingrid; Thurik, Roy; … - 2009
We investigate which countries have the highest potential to achieve entrepreneurial progress. This progress is defined using an entrepreneurial ladder with five successive steps: “never thought about starting a business”, “thinking about starting a business”, “taking steps to start a...
Persistent link: https://www.econbiz.de/10010325726
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Price-setting Power versus Private Information
Sloof, Randolph - 2003
This paper investigates the extent of the holdup underinvestment problem in a buyer-seller relationship in which the seller has private information about his alternative trading opportunities. Theory predicts that, compared with a situation in which outside options are publicly observed, the...
Persistent link: https://www.econbiz.de/10010325012
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Radical Innovation and Network Evolution
Phlippen, Sandra; Riccaboni, Massimo - 2007
This paper examines how a radical technological innovation affects alliance formation of firms and subsequent network structures. We use longitudinal data of interfirm R&D collaborations in the biopharmaceutical industry in which a new technological regime is established. Our findings suggest...
Persistent link: https://www.econbiz.de/10010325532
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From Tradition to Modernity: Economic Growth in a Small World
Lindner, Ines; Strulik, Holger - 2012
This paper introduces the Small World model (Watts and Strogatz, Nature, 1998) into the theory of economic growth and investigates how increasing economic integration affects firm size and efficiency, norm enforcement, and aggregate economic performance. When economic integration is low and...
Persistent link: https://www.econbiz.de/10010326250