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legitimacy-trap. An elected convention would probably be more democratic, because such an institution would be more public as …
Persistent link: https://www.econbiz.de/10005040501
Abstract: The European Security and Defence Policy (ESDP) is understood as an important new "instrument" in the EU's Common Foreign and Security Policy (CFSP) "toolbox", designed to respond to the contemporary security environment as well as to overcome the inaction and hesitancy of the past....
Persistent link: https://www.econbiz.de/10008611148
stronger than Maskin monotonicity. We study three such processes: oligarchy, oligarchic democracy and random sampling … social choice rule (SCR) that cannot be implemented by any oligarchy. Oligarchic democracy "almost always" collects the … opinions of the oligarchs but sometimes, there is a referendum (i.e., everyone's opinions are collected). We show that in …
Persistent link: https://www.econbiz.de/10010851176
Viewing fiscal policies as the outcome of democratically resolved conflicts of households over public goods and taxes, the “economic model of politics” proposes a public choice approach, which does not rely on social welfare functions. With it, a country’s overall budget can be derived...
Persistent link: https://www.econbiz.de/10005264039
Principal-agent problems can arise when preferences of voters are not aligned with preferences of political representatives. Often the consequence of the political principalagentproblem is political catering to special interests. In this paper I provide examples of principal-agent problems...
Persistent link: https://www.econbiz.de/10010877571
Principal-agent problems can arise when preferences of voters are not aligned with preferences of political representatives. Often the consequence of the political principal-agent problem is political catering to special interests. In this paper I provide examples of principal-agent problems...
Persistent link: https://www.econbiz.de/10010877857
Principal-agent problems can arise when preferences of voters are not aligned with preferences of political representatives. Often the consequence of the political principal-agent problem is political catering to special interests. In this paper I provide examples of principal-agent problems...
Persistent link: https://www.econbiz.de/10010866694
By examining voting behavior in a referendum on the construction of a concert hall in Germany, I show that political …
Persistent link: https://www.econbiz.de/10008462978
We analyze the factors that influence the support for environmental policy proposals. Swiss referendum data show that … associations, if environmental preferences are strong and economic conditions are favorable at the time of the referendum. Also …
Persistent link: https://www.econbiz.de/10005756632
This paper describes institutions of direct democracy between 1997 and 2003 in 26 Swiss cantons (states), specifically … the statutory initiative and referendum, the constitutional initiative, and the fiscal referendum. In particular, it …-legislative institutions are distinguished. This paper also provides calculations of the index and sub-indices of direct democracy for the …
Persistent link: https://www.econbiz.de/10005039975