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Information markets, elections and contracts

Gersbach, Hans; Müller, Markus - 2011

democratic elections. An information market is used to predict the long-term performance of a policy, while threshold contracts …

Persistent link: https://www.econbiz.de/10010274852

Elections, Contracts and Markets

Gersbach, Hans; Müller, Markus - 2006

contracts, and democratic elections. An information market is used to predict the long-term performance of a policy, while …

Persistent link: https://www.econbiz.de/10011753121

Tax Contracts and Elections

Gersbach, Hans; Schneider, Maik T. - 2009

In this paper we examine the impact of tax contracts as a novel institution on elections, policies, and welfare. We …

Persistent link: https://www.econbiz.de/10011753187

Coalition-Preclusion Contracts and Moderate Policies

Gersbach, Hans; Schneider, Maik T.; Tejada, Oriol - 2014

We examine the effects of a novel political institution, which we call Coalition- Preclusion Contracts, on elections …, policies, and welfare. Coalition-Preclusion Contracts enable political parties to credibly commit before the elections not to … form a coalition after the elections with one or several other parties specified in the contract. We consider a political …

Persistent link: https://www.econbiz.de/10011753259

A Reform Dilemma in Polarized Democracies

Gersbach, Hans; Tejada, Oriol - 2016

We study the feasibility and efficiency of policy reforms in polarized democracies. We develop a simple election model where (i) reforms are costly for voters and politicians and these costs increase with the extent of policy change, and (ii) politicians differ in their ability to carry out...

Persistent link: https://www.econbiz.de/10011753319