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We study dynamic sequential majoritarian campaigns between two players. The winner of the campaign is whomever wins the majority of individual battles. The resource being expended is determined exogenously to the campaign and has no scrap value. We demonstrate, in a fairly general environment,...
Persistent link: https://www.econbiz.de/10012931232
While people on all sides of the political spectrum were amazed that Donald Trump won the Republican nomination this paper demonstrates that Trump's victory was not a crazy event but rather the equilibrium outcome of a multi-candidate race where one candidate, the buffoon, is viewed as likely to...
Persistent link: https://www.econbiz.de/10012299310
While people on all sides of the political spectrum were amazed that Donald Trump won the Republican nomination this paper demonstrates that Trump's victory was not a crazy event but rather the equilibrium outcome of a multi-candidate race where one candidate, the buffoon, is viewed as likely to...
Persistent link: https://www.econbiz.de/10013369063
A well-known rationale for representative democracy is that direct democracy leads to a free-rider problem as to the collection of information. A problem with this rationale is that it takes for granted that representatives collect information. In this paper we examine whether or not electoral...
Persistent link: https://www.econbiz.de/10011342563
The amount of political information that voters decide to acquire during an electoral campaign depends, among other things, on prior ideological beliefs about parties and/or candidates. Voters that are ex ante indifferent about the candidates attach little value to information because they...
Persistent link: https://www.econbiz.de/10012771338
We model political information acquisition in large elections, where the probability of being pivotal is negligible. Our model builds on the assumption that informed citizens enjoy discussing politics with other informed citizens. The resulting information acquisition game exhibits strategic...
Persistent link: https://www.econbiz.de/10012717635
We demonstrate that a candidate competing in an asymmetric Tullock election contest may prefer that their rival candidate has access to information they themselves do not have. In the model, the extent of asymmetry between the candidates is ex-ante uncertain, but candidates can acquire...
Persistent link: https://www.econbiz.de/10014096877
Die Abwahl einer Regierung sowie die Entmachtung eines Diktators per Revolution können daran scheitern, dass kein individueller Teilnahmeanreiz besteht. Als Lösungsmöglichkeit wird ein strategischer Ansatz entwickelt, der zeigt, dass sich die Kollektivgutproblematik bei der Wahlteilnahme als...
Persistent link: https://www.econbiz.de/10009305403
A conclave is a voting mechanism in which a committee selects an alternative by voting until a sufficient supermajority is reached. We study experimentally welfare properties of simple three-voter conclaves with privately known preferences over two outcomes and waiting costs. The resulting game...
Persistent link: https://www.econbiz.de/10011336977
Do incidents of ethnic polarization influence voter behavior? I address this question through the case study of India, the world's largest functional democracy. Specifically, I test whether prior events of Hindu-Muslim riots electorally benefit Bharatiya Janta Party (BJP), a prominent Hindu...
Persistent link: https://www.econbiz.de/10011347162