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', where voters underestimate the correlation between the information released by an endorsement and the closeness of elections …
Persistent link: https://www.econbiz.de/10012841512
We report the results of a laboratory experiment based on a citizen‐candidate model with private information about ideal points. Inefficient political polarization is observed in all treatments; that is, citizens with extreme ideal points enter as candidates more often than moderate citizens....
Persistent link: https://www.econbiz.de/10012956451
This paper analyzes how political accountability affects the incentives of policy makers to learn through experimentation with new policies. It shows that when voters face an inference problem on the competence level of policy makers, reelection concerns reduce experimentation incentives to the...
Persistent link: https://www.econbiz.de/10014159525
The expression "cash-for-votes" describes a form of vote buying in which candidates for office pay individuals in exchange for their votes. That practice undermines the functioning of democracy but is pervasive in many parts of the world, especially in the Global South. We discuss estimates of...
Persistent link: https://www.econbiz.de/10014295086
The burgeoning literature on the use of sanctions to support public goods provision has largely neglected the use of formal or centralized sanctions. We let subjects playing a linear public goods game vote on the parameters of a formal sanction scheme capable both of resolving and of...
Persistent link: https://www.econbiz.de/10008688959
A conclave is a voting mechanism in which a committee selects an alternative by voting until a sufficient supermajority is reached. We study experimentally welfare properties of simple three-voter conclaves with privately known preferences over two outcomes and waiting costs. The resulting game...
Persistent link: https://www.econbiz.de/10011336977
The burgeoning literature on the use of sanctions to support public goods provision has largely neglected the use of formal or centralized sanctions. We let subjects playing a linear public goods game vote on the parameters of a formal sanction scheme capable both of resolving and of...
Persistent link: https://www.econbiz.de/10011344858
Persistent link: https://www.econbiz.de/10010360793
Public choice theory has originally been motivated by the need to correct the asymmetry, widespread in traditional welfare economics, between the motivational assumptions of market participants and policymakers: Those who played the game of politics should also be considered rational and...
Persistent link: https://www.econbiz.de/10010238281
This paper analyzes responsibility attributions for outcomes of collective decision making processes. In particular, we ask if decision makers are blamed for being pivotal if they implement an unpopular outcome in a sequential voting process. We conduct an experimental voting game in which...
Persistent link: https://www.econbiz.de/10010243444