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the introduction of the initiative, referendum and recall in America broadly supports the theory, which also explains two … creating these institutions. I build a model of direct democracy that explains why a representative might benefit from tying … that some politicians benefit from the introduction of direct democracy, since they are more likely to survive …
Persistent link: https://www.econbiz.de/10010266647
We analyze the factors that influence the support for environmental policy proposals. Swiss referendum data show that … referendum. Also, there are more pro-environmental votes in cantons with higher population density. On the other hand, yes …
Persistent link: https://www.econbiz.de/10010315545
Politicians may pander to public opinion and may renounce undertaking beneficial long-term projects. To alleviate this problem, we introduce a triple mechanism involving political information markets, reelection threshold contracts, and democratic elections. An information market is used to...
Persistent link: https://www.econbiz.de/10010274852
subjects may exit. In a simple model, both kinds of competition are substitutes. Internal competition (democracy) benefits … democracy, and rulers are less eager to oppose it, when external competition is high. In a panel of countries, there are fewer … changes towards democracy when states have low GDP relative to their neighbours. …
Persistent link: https://www.econbiz.de/10010267098
We study the political economy of the environment in autocratic, weak and strong democracies when individuals can either mitigate the health consequences of domestic pollution privately or reduce pollution collectively through public policy. The setting is that of a small open economy in which...
Persistent link: https://www.econbiz.de/10010274898
This paper provides a comprehensive theoretical model of the political decision making process. Therein two ideologically different political parties compete for power. Their primary instrument in this competition are programmatic concessions in favor of voters and interest groups. As any...
Persistent link: https://www.econbiz.de/10010301406
We outline a new voting procedure for representative democracies. This procedure should be used for important decisions only and consists of two voting rounds: a randomly-selected subset of the citizens is awarded a one-time voting right. The parliament also votes, and the two decisions are...
Persistent link: https://www.econbiz.de/10011753320
We study the feasibility and efficiency of policy reforms in polarized democracies. We develop a simple election model where (i) reforms are costly for voters and politicians and these costs increase with the extent of policy change, and (ii) politicians differ in their ability to carry out...
Persistent link: https://www.econbiz.de/10011753319
jurisdictions with referendum decisions on policy centralization. Citizens choose centralization of public spending and revenue in … representative democracy, centralization is inefficiently high because representatives can extract political rents by policy … cantons from 1980 to 1998 supports the hypothesis that centralization is less likely under referendum decision-making. …
Persistent link: https://www.econbiz.de/10010265715
liberalization. Second, democracy has a negative effect on growth during the contraction, whereas its effect appears insignificant … apparently go beyond deteriorating economic performance. The level of democracy, in contrast, increases the support for the …
Persistent link: https://www.econbiz.de/10010301318