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Financial Secretary Stephen Timms considers Labour’s response to the financial crisis and looks forward to what his party is doing to secure the recovery.[...]
Persistent link: https://www.econbiz.de/10005870165
making political equilibria cred-ible, how some of the key magnitudes suggested by the theory canbe measured and the …
Persistent link: https://www.econbiz.de/10009138495
A key issue in political economy concerns the accountability structures put in place to select public officials. While the principle that legislators are to be elected is now a defining feature of modern democracies, there are some offices where a plurality of selection methods survive. A key...
Persistent link: https://www.econbiz.de/10009248813
We present a simple theory of the quality (competence and honesty) of elected officials. Our theoryoffers three main …
Persistent link: https://www.econbiz.de/10009305081
Why is social exclusion a problem? What about ‘voluntary’ social exclusion –when an individual chooses to exclude him or herself from the wider society?Brain Barry has addressed these questions in a recent CASE book, arguing thatsocial exclusion, voluntary or involuntary, offends against...
Persistent link: https://www.econbiz.de/10009354053
Manski [13] proposed an approach for dealing with a particular form respondentuncertainty in discrete choice settings, particularly relevant in survey based researchwhen the uncertainty stems from the incomplete description of the choice scenarios.Specically, he suggests eliciting choice...
Persistent link: https://www.econbiz.de/10009360681
Recent developments in voting theory show that Condorcet profiles embedded in electoratesare responsible for conflicts … represent complete ties between the candidates so far as election outcomesare concerned. Hence removing their influence from …
Persistent link: https://www.econbiz.de/10009360703
state which is both aligned and swing in the last state election is estimated to receive 16% higher transfers than a state …
Persistent link: https://www.econbiz.de/10005860507
theory provides a natural way to establish“measurable utility”. In the early 50’s Markowitz introduced the Mean …-Variance theory that is the basisof modern portfolio selection theory. Even if both models were analyzed from virtually all …
Persistent link: https://www.econbiz.de/10005866845
announcement ofcoalitions.1While the dominant popular image may be one of parties meeting togetherafter the election to hammer out … a coalition agreement, pre-election coalitions of onesort or another are actually quite common. In almost half of the … government. A quarter of governments formed werebased wholly (and another quarter in part) on pre-election agreements.2To date …
Persistent link: https://www.econbiz.de/10005866941