In this paper we discuss a recent paper by Stephen E. Haynes in which he relates electoral cycles in political support to electoral cycles in economic variables. Haynes finds that the cycle in support for Republican presidents is explained by the cycle in economic variables, whereas the cycle in...

In this paper advisors are selected by two ministers with conflicting interests in order to (1) acquire information, and (2) obtain political legitimacy concerning a project. In the end, parliament decides whether or not the project, of which the consequences are uncertain, is implemented. In...

We analyse a game theoretical model in which policy makers have superior knowledge about the working of the economy relative to voters. We show that parties increase their chances of reelection by basing their policies on the model that best fits in with their preferences. Moreover, we show that...