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This paper explores whether professional macroeconomic forecasters manipulate their forecasts to influence voting …
Persistent link: https://www.econbiz.de/10014583811
with populism in the literature. Hence, this paper puts forward a commitment theory of populism. …
Persistent link: https://www.econbiz.de/10012697941
A firm may induce voters or elected politicians to support a policy it favors by suggesting that it is more likely to invest in a district whose voters or representatives support the policy. In equilibrium, no one vote may be decisive, and the policy may gain strong support though the majority...
Persistent link: https://www.econbiz.de/10010325896
A firm may induce voters or elected politicians to support a policy it favors by suggesting that it is more likely to invest in a district whose voters or representatives support the policy. In equilibrium, no one vote may be decisive, and the policy may gain strong support though the majority...
Persistent link: https://www.econbiz.de/10011378822
committees benefits from voting insincerely accrue not only when a decision maker's vote is pivotal. As the number of voters … increases, the cost of voting insincerely declines in an open committee because the probability of being pivotal declines. This … is not the case in a closed committee where costs and benefits of insincere voting only arise when a voter is pivotal …
Persistent link: https://www.econbiz.de/10013319559
uence voting outcomes. We develop a probabilistic voting model in which voters do not have complete information about the …
Persistent link: https://www.econbiz.de/10011984037
influence voting outcomes. We develop a probabilistic voting model in which voters do not have complete information about the …
Persistent link: https://www.econbiz.de/10011990008
Asymmetric information between voters and legislative representatives poses a major challenge to the functioning of representative democracy. We examine whether representatives are more likely to serve long-term campaign donors instead of constituents during times of low media attention to...
Persistent link: https://www.econbiz.de/10011949175
We examine whether representatives are more likely to serve long-term campaign donors instead of constituents during times of low media attention to politics. Based on 425 roll calls between 2005 and 2014 in the US House of Representatives, we show that representatives are more likely to vote...
Persistent link: https://www.econbiz.de/10012211217
Politicians have multiple principals. We investigate the weights that politicians put on the revealed preferences of their constituents, special interest groups and party when deciding on legislative proposals. Preferences of constituents, special interest groups and parties are directly...
Persistent link: https://www.econbiz.de/10012425941