Narrow search
Showing 1 - 10 of 77
Cover Image
Endogenous lobbying
Felli, Leonardo; Merlo, Antonio - London School of Economics (LSE) - 2003
In this paper we present a citizen-candidate model of representative democracy with endogenous lobbying. We find that lobbying induces policy compromise and always affects equilibrium policy outcomes. In particular, even though the policy preferences of lobbies are relatively extreme, lobbying...
Persistent link: https://www.econbiz.de/10010746186
Cover Image
Endogenous Lobbying
Felli, Leonardo; Merlo, Antonio - C.E.P.R. Discussion Papers - 2002
In this paper, we present a citizen-candidate model of representative democracy with endogenous lobbying. We find that lobbying induces policy compromise and always affects equilibrium policy outcomes. In particular, even though the policy preferences of lobbies are relatively extreme, lobbying...
Persistent link: https://www.econbiz.de/10005789151
Cover Image
Endogenous Lobbying
Felli, Leonardo; Merlo, Antonio - Department of Economics, University of Pennsylvania - 2001
In this paper, we present a citizen-candidate model of representative democracy with endogenous lobbying. We find that lobbying induces policy compromise and always affects equilibrium policy outcomes. In particular, even though the policy preferences of lobbies are relatively extreme, lobbying...
Persistent link: https://www.econbiz.de/10005109610
Cover Image
Whither Political Economy? Theories, Facts and Issues
Merlo, Antonio - Department of Economics, University of Pennsylvania - 2005
In this paper, I discuss recent developments in political economy. By focusing on the microeconomic side of the discipline, I present an overview of current research on four of the fundamental institutions of a political economy: voters, politicians, parties and governments. For each of these...
Persistent link: https://www.econbiz.de/10005109613
Cover Image
Whither Political Economy? Theories, Facts and Issues
Merlo, Antonio - 2005
In this paper, I discuss recent developments in political economy. By focusing on the microeconomic side of the discipline, I present an overview of current research on four of the fundamental institutions of a political economy: voters, politicians, parties and governments. For each of these...
Persistent link: https://www.econbiz.de/10012735832
Cover Image
Endogenous Lobbying, Second Version
Felli, Leonardo; Merlo, Antonio - 2004
In this paper, we present a citizen-candidate model of representative democracy with endogenous lobbying. We find that lobbying induces policy compromise and always affects equilibrium policy outcomes. In particular, even though the policy preferences of lobbies are relatively extreme, lobbying...
Persistent link: https://www.econbiz.de/10014068079
Cover Image
Endogenous Lobbying
Felli, Leonardo; Merlo, Antonio - 2021
In this paper, we present a citizen candidate model of representative democracy with endogenous lobbying. We find that lobbying induces policy compromise and always affects equilibrium policy outcomes It; particular, even though the policy preferences of lobbies are relatively extreme lobbying...
Persistent link: https://www.econbiz.de/10013321333
Cover Image
Identification and Estimation of Preference Distributions When Voters Are Ideological
Merlo, Antonio; Paula, Aureo de - Department of Economics, University of Pennsylvania - 2010
This paper studies the nonparametric identification and estimation of voters' preferences when voters are ideological. We build on the methods introduced by Degan and Merlo (2009) representing elections as Voronoi tessellations of the ideological space. We exploit the properties of this...
Persistent link: https://www.econbiz.de/10008773594
Cover Image
External Validation of Voter Turnout Models by Concealed Parameter Recovery
Merlo, Antonio; Palfrey, Thomas R. - Department of Economics, University of Pennsylvania - 2013
about some of the experimentally controlled parameters — in this case voting costs. We use quantal response equilibrium as … the underlying, common structure for estimation, and estimate models of instrumental voting, altruistic voting, expressive … voting, and ethical voting. All the models except the ethical model recover the concealed parameters reasonably well. We also …
Persistent link: https://www.econbiz.de/10010822900
Cover Image
Identification and Estimation of Preference Distributions When Voters Are Ideological, Second Version
Merlo, Antonio; Paula, Aureo de - Department of Economics, University of Pennsylvania - 2010
This paper studies the nonparametric identification and estimation of voters’ preferences when voters are ideological. We establish that voter preference distributions and other parameters of interest can be identified from aggregate electoral data. We also show that these objects can be...
Persistent link: https://www.econbiz.de/10010822904