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largely determined by lobbying, we find strong effects of electoral incentives. …
Persistent link: https://www.econbiz.de/10010439364
We study the interaction between competitive markets that produce large but unequally distributed welfare gains and elections through which the poor majority can redistribute income away from the rich minority. In our simple laboratory democracy, subjects first earn their income by trading in a...
Persistent link: https://www.econbiz.de/10010269668
During the last decade unicameral proposals have been put forward in fourteen US states. In this paper we propose a theoretical framework casting some lights on the drawbacks of bicameral state legislatures and on the effects of the proposed constitutional reforms. In a setting where lawmakers...
Persistent link: https://www.econbiz.de/10010273815
This article analyses the dynamics of electoral promises, building on an electoral competition model with endogenous policies. It extends the Grossman-Helpman (1994) model [Grossman G., Helpman E. [1994], "Protection for sale", American Economic Review, 84, 4, 833-850] to include sanctions from...
Persistent link: https://www.econbiz.de/10003806719
in US states may indeed reduce corruption levels among elected representatives. -- bicameralism ; corruption ; lobbying …
Persistent link: https://www.econbiz.de/10003850512
equilibrium predictions. -- Redistribution ; double auction ; elections ; lobbying …
Persistent link: https://www.econbiz.de/10003910210
The existing literature has shown that special interest groups can have both growth enhancing and retarding effects on an economy. In either case it is always assumed that the nature of the special interest groups remains constant over time. The hypothesis of this paper is that a dynamic...
Persistent link: https://www.econbiz.de/10009766682
Trade unions sponsored the political campaigns of candidates running for office in many countries throughout the 20th century. Yet little is known about the electoral consequences of these sponsorship arrangements. I study how union sponsorship affected the electoral performance of parliamentary...
Persistent link: https://www.econbiz.de/10013241798
The existing literature has shown that special interest groups can have both growth enhancing and retarding effects on an economy. In either case it is always assumed that the nature of the special interest groups remains constant over time. The hypothesis of this paper is that a dynamic...
Persistent link: https://www.econbiz.de/10013315741
In this paper, we present a citizen candidate model of representative democracy with endogenous lobbying. We find that … lobbying induces policy compromise and always affects equilibrium policy outcomes It; particular, even though the policy … preferences of lobbies are relatively extreme lobbying biases the outcome of the political process toward the center of the policy …
Persistent link: https://www.econbiz.de/10013321333