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This paper presents a goal-oriented model of political participation based on two psychological assumptions. The first is that people are more altruistic towards individuals that agree with them and the second is that people's well-being rises when other people share their personal opinions. The...
Persistent link: https://www.econbiz.de/10012464346
This paper considers a specific factor model with two sectors in which agents are altruistic towards domestic residents. I show that, even if the degree of altruism is small, direct democracy leads to commercial policies that are biased against trade as long as the mobile factor is unbiased in...
Persistent link: https://www.econbiz.de/10012470754
This paper presents a goal-oriented model of political participation based on two psychological assumptions. The first is that people are more altruistic towards individuals that agree with them and the second is that people's well-being rises when other people share their personal opinions. The...
Persistent link: https://www.econbiz.de/10012758429
This paper considers a specific factor model with two sectors in which agents are altruistic towards domestic residents. I show that, even if the degree of altruism is small, direct democracy leads to commercial policies that are biased against trade as long as the mobile factor is unbiased in...
Persistent link: https://www.econbiz.de/10013231413
In public discussions of policy, evidence that import-competing sectors earn low or falling incomes is often used to argue for protection. This paper rationalizes the apparent effectiveness of this argument in both direct and indirect democracies. In direct democracies, a small degree of voter...
Persistent link: https://www.econbiz.de/10014031725