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In this paper, we argue that campaign contributions are not a form of policy-buying, but are rather a form of political participation and consumption. We summarize the data on campaign spending, and show through our descriptive statistics and our econometric analysis that individuals, not...
Persistent link: https://www.econbiz.de/10013239341
In this paper, we argue that campaign contributions are not a form of policy-buying, but are rather a form of political participation and consumption. We summarize the data on campaign spending, and show through our descriptive statistics and our econometric analysis that individuals, not...
Persistent link: https://www.econbiz.de/10012469294
We develop a rationale for roll call voting and position-taking in legislatures using a formal model of legislative vote buying and elections. In our model, citizens and an interest group are motivated by policy, while legislators are motivated by holding office. The group may attempt to buy...
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