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Electoral competition between two vote-share maximizing candidates in the context of the unidimensional spatial model leads to platform convergence: both candidates end up proposing the ideal policy of the median voter. Palfrey (1984) famously argued that if third candidate entry is expected...
Persistent link: https://www.econbiz.de/10012943459
This paper studies a principal-agent model of the relationship between an incumbent officeholder and the electorate, where the officeholder is initially uninformed about her ability. If officeholder effort and ability interact in the production function that determines performance in office,...
Persistent link: https://www.econbiz.de/10012783048
Persistent link: https://www.econbiz.de/10010423916
Public choice theory has originally been motivated by the need to correct the asymmetry, widespread in traditional …
Persistent link: https://www.econbiz.de/10010238281
We construct an election game to study the electoral impacts of biased candidate endorsements. We derive a set of testable predictions. We test these in a laboratory experiment and find that observed election outcomes and vote shares are well predicted. We find no support, however, for our...
Persistent link: https://www.econbiz.de/10012841512
In this paper, we address empirically the trade-offs involved in choosing between bureaucrats and politicians. In order … counterparts (”politicians”). We evaluate how performance would change if the courts replaced majority rule with unanimity rule …
Persistent link: https://www.econbiz.de/10014194725
We develop a model of strategic information transmission from an outside expert with informational superiority to a group of people who make a decision by voting on a proposal. An outside expert who observes the qualities of a proposal sends a cheap talk message to decision makers with limited...
Persistent link: https://www.econbiz.de/10012953021
We develop a model of strategic information transmission from an expert with informational superiority to decision makers who vote on a proposal. We show that an expert's simple cheap talk strategy can be surprisingly effective in persuading decision makers by polarizing or unifying their...
Persistent link: https://www.econbiz.de/10012901595
We investigate the motives of pro-social behavior in collective decisions in an economic experiment. It compares individual behavior in private and collective decisions in a unified experimental setup. Subjects are given an individual endowment and have to decide how much of it to donate to...
Persistent link: https://www.econbiz.de/10009722766
Although pre-electoral political manipulation of the budget --- the political budget cycle (PBC) --- has been long investigated by scholars, empirical findings are mixed at best. This is partly because of the non-random nature of election timing. There also exist ongoing debates over how the...
Persistent link: https://www.econbiz.de/10014179284