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Washington's remedy to the financial problems that began in 2008 was the Troubled Asset Relief Program (TARP) — the so called bailout of the banking system. Whatever its merits, it was, for the most part, unpopular with the American public. Lawmakers, fearful that the economy might actually...
Persistent link: https://www.econbiz.de/10013083116
Does voting have downstream consequences for turnout and political preferences? While research initially showed strong … support for the notion that the experience of voting fosters civic habits and political engagement, recent work has cast doubt … voting eligibility on subsequent turnout and political preferences using rich panel data from the UK. Exploiting the …
Persistent link: https://www.econbiz.de/10012517154
significantly affects voting behavior. An increase in the concentration of PM10 by 10μg/m3 - around two within-county standard …
Persistent link: https://www.econbiz.de/10012620918
In 2001, the state parliament of the German federal state of Hesse abolished a 5 percent legal electoral threshold for local elections. This reform had a stronger effect on municipalities with larger councils because implicit electoral thresholds decrease with council size. Exploiting...
Persistent link: https://www.econbiz.de/10010213030
We analyze Assessment Voting, a new two-round voting procedure that can be applied to binary decisions in democratic … a costly voting framework, we show that large electorates will choose the preferred alternative of the majority with … high probability, and that average costs will be low. This result is in contrast with the literature on one-round voting …
Persistent link: https://www.econbiz.de/10011787214
In this paper we examine three forms of regret in relation to the UK’s hugely significant referendum on EU membership that was held in June 2016. These are, (i) whether leave voters at the referendum subsequently regretted their choice (in the light of the result), (ii) whether non-voters...
Persistent link: https://www.econbiz.de/10012596075
We conduct an experiment in which groups are tasked with evaluating the truth of a set of politically relevant facts and statements, and we investigate whether communication improves information aggregation and the accuracy of group decisions. Our findings suggest that the effect of...
Persistent link: https://www.econbiz.de/10014495051
The member states have self-interested objectives and they use their voting power in the Council of Ministers (CM) to … politics based model. -- European integration ; EU budget ; voting power …
Persistent link: https://www.econbiz.de/10003774746
We augment the canonical neoclassical model of trade to allow for interstate disputes over land, oil, water, or other resources. The costs of such disputes in terms of arming depend on the trade regime in place. Under either autarky or free trade, the larger country (in terms of factor...
Persistent link: https://www.econbiz.de/10003850881
A competitive rent-seeking club (CRSC) offers its members the chance of winning a prize (status, position, privilege) by being selected, typically, by a civil servant or a politician. The selector replaces in our setting the usual contest success function; instead of determining the winner on...
Persistent link: https://www.econbiz.de/10003962676