Showing 1 - 10 of 2,635
Persistent link: https://www.econbiz.de/10012160311
unilaterally, but faces competition from a political opponent in the future. Both parties care about voters payoffs, but they have … that all incumbents can find it optimal to ‘over experiment’, relative to a counter-factual in which they are sure to be in …
Persistent link: https://www.econbiz.de/10010366185
Conventional wisdom and evidence from democracies suggests that education increases voter turnout. This paper revisits this question through by analyzing voter turnout in local elections in China. Using an instrument variable strategy, I find that schooling surprisingly reduces turnout. Results...
Persistent link: https://www.econbiz.de/10013291827
high socioeconomic status (SES). We examine the effect of combining increased instruction time with information to teachers …' beliefs are subject to information friction and Bayesian learning. …
Persistent link: https://www.econbiz.de/10012063035
This paper argues that skill formation is a life-cycle process and develops the implications of this insight for Scottish social policy. Families are major producers of skills, and a successful policy needs to promote effective families and to supplement failing ones. We present evidence that...
Persistent link: https://www.econbiz.de/10013318811
Persistent link: https://www.econbiz.de/10003349852
exogenously given and the provision of a public good is financed through a proportional tax. Voters and politicians do not know … information trap. …
Persistent link: https://www.econbiz.de/10011416913
A committee divided into two factions is considering a costly project. Support of both factions is required for the project to be approved. As long as the decision is delayed, the committee can learn which faction benefits from the project. At the equilibrium, one of the factions effectively...
Persistent link: https://www.econbiz.de/10013238586
Many governments have engaged in policy experimentation in various forms to resolve uncertainty and facilitate learning. However, little is understood about the characteristics of policy experimentation, and how the structure of experimentation may affect policy learning and policy outcomes. We...
Persistent link: https://www.econbiz.de/10013322750
Persistent link: https://www.econbiz.de/10011406516