Showing 1 - 10 of 37
From a theoretical viewpoint, political budget cycles (PBC) arise in equilibrium when rational voters are imperfectly informed about the incumbent's competency and the incumbent enjoys discretionary power over the budget. This paper focuses on the second condition, examining how executive...
Persistent link: https://www.econbiz.de/10010323101
This paper studies the strategic foundations of the Representative Voter Theorem (Rothstein, 1991), also called the second version of the Median Voter Theorem. As a by-product, it also considers the existence of non-trivial strategy-proof social choice functions over the domain of...
Persistent link: https://www.econbiz.de/10010323146
This paper analyzes strategy-proof collective choice rules when individuals have single-crossing preferences on a finite and ordered set of social alternatives. It shows that a social choice rule is anonymous, unanimous, and strategy-proof on a maximal single-crossing domain if and only if it is...
Persistent link: https://www.econbiz.de/10011599417
We study the effect of power sharing over income redistribution among different socio-economic groups in a model of redistributive politics with fairness concern. We prove that a unique pure-strategy equilibrium exists under fairly general conditions; and we show that equilibrium transfers...
Persistent link: https://www.econbiz.de/10011725472
We study both theoretically and experimentally the set of Nash equilibria of a classical one-dimensional election game with two candidates. These candidates are interested in power and ideology, but their weights on these two motives are not necessarily identical. Apart from obtaining the well...
Persistent link: https://www.econbiz.de/10010368158
We study both theoretically and experimentally the complete set of Nash equilibria of a classical one-dimensional, majority rule election game with two candidates, who might be interested in power as well as in ideology, but not necessarily in the same way. Apart from obtaining the well known...
Persistent link: https://www.econbiz.de/10010280762
In this paper we revisit the results that appeared originally in Coloma (2017) about the possible existence of negative correlation between linguistic measures, using a new database of 80 languages for which we have the same text (which is the fable known as "The North Wind and the Sun"). Most...
Persistent link: https://www.econbiz.de/10014545906
This paper describes the phonology of Spanish as it is spoken in Argentina. After considering the inventory of phonemes (both consonants and vowels) and their main allophones and phonological rules (including phoneme neutralizations and the use of stress as a distinctive element), there is a...
Persistent link: https://www.econbiz.de/10014294748
Este trabajo desarrolla un modelo de equilibrio de un mercado con diferenciación horizontal de productos en el cual las empresas fijan los precios de las variedades que proveen y, en ciertos casos, alguna de ellas actúa como líder de precios. Dados esos elementos, el trabajo explora qué...
Persistent link: https://www.econbiz.de/10010323061
This paper tries to quantify economically the importance of five phonetic haracteristics (seseo, yeismo, /s/-aspiration, rehilamiento, and /x/-aspiration) whose presence or absence allows to distinguish among ten regional varieties of Spanish. To do that we perform an analysis of the extension...
Persistent link: https://www.econbiz.de/10010323107