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We model the interplay between a government's performance, its expected lifetime, and the confidence it enjoys. Here, "confidence" can be broadly interpreted as the government's popularity, the size of its parliamentary majority, its reserve of talent, or other factors. Confidence evolves in...
Persistent link: https://www.econbiz.de/10008483764
Party activists wish to (i) advocate the best policy and yet (ii) unify behind a common party line. An activist`s understanding of his environment is based on the speeches of party leaders. A leader`s influence, measured by the weight placed on her speech, increases with her judgement on policy...
Persistent link: https://www.econbiz.de/10005047752
Empirical evidence suggests that a Prime Minister can benefit from firing ministers who are involved in political scandals. We explore a model in which a minister`s exposure to scandals is positvely related to his policy activism, so that a Prime Minister may wish to protect him from resignation...
Persistent link: https://www.econbiz.de/10005047938
Party activists face a coordination problem: a critical mass (a barrier to coordination) must advocate a single policy alternative if the party is to succeed. The need for direction is the degree to which the merits of the alternatives respond to the underlying mood of the party. An individual`s...
Persistent link: https://www.econbiz.de/10005051090
Party activists face a coordination problem: a critical mass (a barrier tocoordination) must advocate a single policy alternative if the party is tosucceed. The need for direction is the degree to which the merits of thealternatives respond to the underlying mood of the party. An...
Persistent link: https://www.econbiz.de/10005670396
Party activists wish to (i) advocate the best policy and yet (ii) unify behind a commonparty line. An activist's understanding of his environment is based on the speeches ofparty leaders. A leader's influence, measured by the weight placed on her speech,increases with her judgement on policy...
Persistent link: https://www.econbiz.de/10005670398
Followers wish to coordinate their actions in an uncertain environment. A follower would like his action to be close to some ideal (but unknown) target; to reflect his own idiosyncratic preferences; and to be close to the actions of others. He learns about his world by listening to leaders....
Persistent link: https://www.econbiz.de/10010604024
Persistent link: https://www.econbiz.de/10010826551
We use evidence from the Second Reform Act, introduced in the United Kingdom in 1867, to analyze the impact on electoral outcomes of extending the vote to the unskilled urban population. Exploiting the sharp change in the electorate caused by franchise extension, we separate the effect of reform...
Persistent link: https://www.econbiz.de/10010698770
We use evidence from the Second Reform Act, introduced in the United Kingdom in 1867, to analyze the impact on electoral outcomes of extending the vote to the unskilled urban population. By exploiting the sharp change in the electorate caused by franchise extension, we separate the effect of...
Persistent link: https://www.econbiz.de/10008465977