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We present a model of elections in which interest group donations allow candidates to shift policy positions. We show …
Persistent link: https://www.econbiz.de/10010266018
contracts, and democratic elections. An information market is used to predict the long-term performance of a policy, while …
Persistent link: https://www.econbiz.de/10011753121
We present a model of elections in which interest group donations allow candidates to shift policy positions. We show …
Persistent link: https://www.econbiz.de/10011753207
contracts, and democratic elections. An information market is used to predict the long-term performance of a policy, while …
Persistent link: https://www.econbiz.de/10003459198
Using data from an experiment by Forsythe, Myerson, Rietz, and Weber (1993), designed for a different purpose, we test the "standard theory" that players have preferences only over their own mentary payoffs and that play will be in (evolutionary stable) equilibrium. In the experiment each...
Persistent link: https://www.econbiz.de/10011284229
candidates and that politicians on the right benefit more from beauty in low-information elections. Evidence from real and … experimental elections confirms both predictions. …
Persistent link: https://www.econbiz.de/10011289386
Experiments evaluate the fit of human behaviour to the Shapley-Shubik power index (SSPI), a formula of voter power. Groups of six subjects with differing votes divide a fixed purse by majority rule in online chat rooms. Earnings proxy for measured power. Chat rooms and processes for selecting...
Persistent link: https://www.econbiz.de/10009789971
a simplified two-period setting. We find that, in elections involving three or more candidates, voters with a strong …
Persistent link: https://www.econbiz.de/10011514799
mayoral candidates just prior to municipal elections. It left voters more knowledgeable about candidates' proposed policies …
Persistent link: https://www.econbiz.de/10011521266
We present a model of elections in which interest group donations allow candidates to shift policy positions. We show …
Persistent link: https://www.econbiz.de/10009236280