Showing 1 - 10 of 306
I use event study and synthetic control methods on a panel of American states over the period 1960 -- 2008 to test whether adoption of a supermajority requirement impacts state-level expenditures and tax revenue. I find evidence that supermajority requirements lead to a sustained reduction in...
Persistent link: https://www.econbiz.de/10012827051
We compare single round vs runoff elections under plurality rule, allowing for partly endogenous party formation. Under runoff elections, the number of political candidates is larger, but the influence of extremist voters on equilibrium policy and hence policy volatility are smaller, because the...
Persistent link: https://www.econbiz.de/10013076816
This paper revisits the fiscal quot;decentralization theoremquot;, by relaxing the role of the assumption that governments are benevolent, while retaining the assumption of policy uniformity. If instead, decisions are made by direct majority voting, (i) centralization can welfare-dominate...
Persistent link: https://www.econbiz.de/10012766903
This paper integrates the distributive politics literature with the literature on decentralization by incorporating inter-regional project externalities into a standard model of distributive policy. A key finding is that the degree of uniformity (or "universalism") of the provision of regional...
Persistent link: https://www.econbiz.de/10014204238
This paper studies the advantages that a coalition of agents obtains by forming a voting bloc to pool their votes and cast them all together. We identify the necessary and sufficient conditions for an agent to benefit from the formation of the voting bloc, both if the agent is a member of the...
Persistent link: https://www.econbiz.de/10010312299
When making collektive desicions, principals (voters or districts) typically benefit by strategically delegating their bargaining and voting power to representatives different from themselves. There are conflicting views in the literature, however, of whether such a delegate should be...
Persistent link: https://www.econbiz.de/10003781457
The political blessings of federalism are the core of our discussion. These benefits are operationalized as the decrease in the number of outvoted in a federal system with majority voting as an important source of regime satisfaction. The approach originates from the work of Roland Pennock who...
Persistent link: https://www.econbiz.de/10003831728
Fair representation of voters in a committee representing different voters’ groups is being broadly discussed during last few years. Assuming we know what the fair representation is, there exists a problem of optimal quota: given a fairʺ distribution of voting weights, how to set up voting...
Persistent link: https://www.econbiz.de/10003823906
The author proposes a two-round process called minority voting to allocate public projects in a polity. In the first round, a society decides by a simple majority decision whether to provide the public project. If the proposal in the first round is rejected, the process ends. Otherwise the...
Persistent link: https://www.econbiz.de/10003881290
In this paper we analyze a legislative bargaining game in which parties privately informed about their preferences bargain over an ideological and a distributive decision. Communication takes place before a proposal is offered and majority rule voting determines the outcome. When the private...
Persistent link: https://www.econbiz.de/10008665138