Showing 21 - 30 of 518
A firm may induce voters or elected politicians to support a policy it favors by suggesting that it is more likely to invest in a district whose voters or representatives support the policy. In equilibrium, no one vote may be decisive, and the policy may gain strong support though the majority...
Persistent link: https://www.econbiz.de/10011257421
In their seminal work, The Calculus of Consent (1962), Buchanan and Tullock develop a decision model which embodies fundamental relation­ships relevant to institutional choices. However, the Buchanan-Tullock model remains "general," thus inviting others to specify details and to develop...
Persistent link: https://www.econbiz.de/10011257880
This paper addresses the impact information has on electoral accountability in a legislative system based on seniority using laboratory experiments. A purely rational choice perspective of a simple voting environment implies that information is inconsequential when seniority is exceptionally...
Persistent link: https://www.econbiz.de/10011259528
Whether individuals vote strategically is one of the most important questions at the intersection of economics and political science. Exploiting a flaw in the German electoral system by which a party may gain seats by receiving fewer votes, this paper documents patterns of strategic voting in a...
Persistent link: https://www.econbiz.de/10011260101
This paper formulates a simple mathematical framework for the selection of an optimum "relative unanimity” collective decision rule. The approach is first to identify the benefits of moving from a rule of simple majority towards a rule of full unanimity. Then, the costs of moving from simple...
Persistent link: https://www.econbiz.de/10011260983
This paper discusses the electoral implications of psychological motivation on voting functions. We tested a claim of the Weber-Fechner law as applied to electoral behaviour-specifically, that an expanded public sector leads politicians to make more significant, opportunistic distortions of...
Persistent link: https://www.econbiz.de/10011195600
Dynamic models of learning and adaptation have provided realistic predictions in terms of voting behavior. This study aims at contributing to their scant empirical verification. We develop a learning algorithm based on bounded rationality estimating the pattern of learning process through a...
Persistent link: https://www.econbiz.de/10008866164
Dynamic models of learning and adaptation have provided realistic predictions in terms of voting behavior. This study aims at contributing to their scant empirical verification. We develop a learning algorithm based on bounded rationality estimating the pattern of learning process through a...
Persistent link: https://www.econbiz.de/10009002622
We analyse the effects of local corruption on electoral outcomes with Spanish data. Based upon press reports published between 1996 and 2009, we are able to construct a novel database on corruption scandals and news related to bribe-taking in exchange for amendments to land use plans. Our data...
Persistent link: https://www.econbiz.de/10009024622
We analyse the effects of local corruption on electoral outcomes with Spanish data. Based upon press reports published between 1996 and 2009, we are able to construct a novel database on corruption scandals and news related to bribe-taking in exchange for amendments to land use plans. Our data...
Persistent link: https://www.econbiz.de/10009141638