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This paper studies the effect of pre-election polls on the participation decision of citizens in a large, two …-candidate election, and the resulting incentives for the poll participants. Citizens have private values and voting is costly and … candidate wins the election almost surely, regardless of voters' posterior beliefs. …
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election, and a Condorcet losing candidate wins with positive probability. Finally, some candidates who reach the second round …
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We analyze a psychologically-based model of voter turnout in an election with common value and uncertainty. Our model …
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A policymaker selects a group of citizens—a minipublic—to advise her on the desirability of a policy. Each citizen can discover local evidence about the policy but might prefer not to due to political uncertainty in the policymaker’s adoption threshold. Such uncertainty is detrimental to...
Persistent link: https://www.econbiz.de/10013244821
This paper uses a data-rich environment to produce direct econometric estimates of macroeconomic and financial uncertainty for 11 advanced nations. These indices exhibit significant independent variation from popular proxies. Using this new data we control for both first and second moment...
Persistent link: https://www.econbiz.de/10012920815