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In many situations the individuals who can generate some output must enter a contest for appropriating this output. This paper analyses the investment incentives of such agents and the role of incumbency advantages in the contest. Depending on the advantages, an increase in the productivity of...
Persistent link: https://www.econbiz.de/10011409735
Regimes controlled by a rich elite often collapse and make way for democracy amidst widespread social unrest. Such regime changes are often followed by redistribution to the poor at the expense of the former elite. We argue that the reason why the elite may have to resort to full-scale...
Persistent link: https://www.econbiz.de/10014175750
Consider a society where ethnic conflict is imminent due to people's belief about the state of the world. An `informed agent' is a player who has private information about the state. We analyze whether the informed agent can achieve peace by sending private messages to the players. If the...
Persistent link: https://www.econbiz.de/10012904240
If voters do not perceive meaningful differences between parties and candidates, they tend to stay at home or choose by other factors like style or likability. This study examines whether including different kinds of information about the candidates on the ballot affects the satisfaction and...
Persistent link: https://www.econbiz.de/10011483220
Results from a new experiment shed light on the effects of voter information on vote buying and incumbent advantage. The treatment provided voters with information about a major spending program and the proposed allocations and promises of mayoral candidates just prior to municipal elections. It...
Persistent link: https://www.econbiz.de/10011521266
This paper considers the problem faced by a political authority that has to design a legislative mechanism that guarantees the selection of policies that are stable, efficient, and inclusive in the sense of strategically protecting minority interests. Experimental studies suggest that some of...
Persistent link: https://www.econbiz.de/10012850001
Information affecting a candidate's reputation might have significant electoral consequences. Do candidates respond to the release of information? Using Brazilian elections and audits as an exogenous source of information, I show that both incumbent and challenger increase their campaign...
Persistent link: https://www.econbiz.de/10012545128
Information affecting a candidate's reputation might have significant electoral consequences. Do candidates respond to the release of information? Using Brazilian elections and audits as an exogenous source of information, I show that both incumbent and challenger increase their campaign...
Persistent link: https://www.econbiz.de/10013226498
Information affecting a candidate's reputation might have significant electoral consequences. Do candidates respond to the release of information? Using Brazilian elections and audits as an exogenous source of information, I show that both incumbent and challenger increase their campaign...
Persistent link: https://www.econbiz.de/10013237121
We analyze a contest between two groups where group members have differing valuations for the contested rent. Generically the pivotal group member with the median valuation of the rent will not act himself but will want to send a group member that has preferences different to her own into the...
Persistent link: https://www.econbiz.de/10013317656