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Majority rule is known to be at odds with utilitarianism --- majority rule follows the preferences of the median voter whereas a utilitarian planner would follow the preferences of the mean voter. In this paper, we show that when voting is costly and voluntary, turnout endogenously adjusts so...
Persistent link: https://www.econbiz.de/10013105232
This paper proposes a structural approach to measuring the effects of electoral accountability. We estimate a political agency model with imperfect information in order to identify and quantify discipline and selection effects, using data on U.S. governors. We find that the possibility of...
Persistent link: https://www.econbiz.de/10012971845
This paper proposes a structural approach to measuring the effects of electoral accountability. We estimate a political agency model with imperfect information in order to identify and quantify discipline and selection effects, using data on U.S. governors for 1982-2012. We find that the...
Persistent link: https://www.econbiz.de/10013022927
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This paper proposes a structural approach to measuring the effects of electoral accountability. We estimate a political agency model with imperfect information in order to identify and quantify discipline and selection effects, using data on U.S. governors for 1982-2012. We find that the...
Persistent link: https://www.econbiz.de/10012457515
I investigate the welfare properties of a broad class of electoral systems with endogenous turnout. I find that the welfare ranking of electoral systems depends on the composition of the electorate. If citizens have identical voting costs, then all electoral systems that satisfy certain...
Persistent link: https://www.econbiz.de/10014178274