Economic analysis is essential to the understanding of the rise and fall of populism. The conceptual and analytical … framework of economics to the study of populism is still in its infancy, but great advances have been made in recent years. This … paper reviews some key contributions behind this progress. When analyzing populism, economists face two methodological …

voting. In so doing, we provide an investigation of when good policies are chosen in democracy. Based on our findings, we …

We study how the number of ballot propositions affects the quality of decision making in direct democracy, as reflected … in citizens' knowledge, voting behavior, and attitudes toward democracy. Using three comprehensive data sets from … impedes the quality of decision making in direct democracy. For instance, a higher number of propositions does not lead more …

We study how the number of ballot propositions affects the quality of decision making in direct democracy, as reflected … in citizens' knowledge, voting behavior, and attitudes toward democracy. Using three comprehensive data sets from … federal direct democracy. In the medium to longer term, more federal propositions on the ballot rather relate to higher …

freedom is frequently associated with electoral democracy, developments in countries such as Hungary, Poland, Turkey and … Russia, where elected populist leaders with authoritarian tendencies rule, suggest that electoral democracy may not be the … provide a firmer foundation. We investigate empirically how electoral democracy and judicial independence relate to personal …

In this paper we aim to understand how bounded rationality a ffects performance of democratic institutions. We consider … policy choice in a representative democracy when voters do not fully anticipate a politician's strategic behavior to … panders only partially. Limited sophistication crucially determines how welfare under representative democracy compares to …

In this paper we aim to understand how bounded rationality aff ects performance of democratic institutions. We consider … policy choice in a representative democracy when voters do not fully anticipate a politician's strategic behavior to … partially. Limited sophistication crucially determines how welfare under representative democracy compares to welfare under …

-serving politicians’ incentives to engage in populism. Surprisingly, limited strategic sophistication of voters weakens politicians … regimes, we find that limited strategic sophistication of voters makes indirect democracy relatively more attractive compared … to the case of full strategic rationality – and often more attractive than alternative constitutional regimes …