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A fundamental question in public choice is: How do people vote? According to the preferred outcome (instrumentally) or according to principles (expressively)? The theoretical discussion eventually led to the hypothesis that voters vote non-strategically according to their preferences, as the...
Persistent link: https://www.econbiz.de/10010270259
We examine debt-sensitive majority rules. According to such a rule, the higher a planned public debt, the higher the necessary parliamentary majority to approve it. In a two-period model, we compare debt-sensitive majority rules with the simple majority rule when individuals differ regarding...
Persistent link: https://www.econbiz.de/10010270120
probabilistic voting model, we show that a lack of financial institutions can lead more corruption as more voters are part of the …
Persistent link: https://www.econbiz.de/10010295959
The role of electoral incentives vs. selection is ideally analyzed in a setting where the same legislators are selected to decide on policies under different electoral rules and where voter preferences on policies can be precisely measured. This is the first paper to look at such a situation....
Persistent link: https://www.econbiz.de/10012099121
new insights into the link between local governmental spending and voting behavior. …
Persistent link: https://www.econbiz.de/10012099154
Politicians have multiple principals. We investigate the weights that politicians put on the revealed preferences of their constituents, special interest groups and party when deciding on legislative proposals. Preferences of constituents, special interest groups and parties are directly...
Persistent link: https://www.econbiz.de/10012287850
I present a model in which a centrist electorate leads to partisan politics and vice versa. A centrist electorate benefits from an equilibrium in which only ideological politicians are elected in so far as ideological politicians are willing to give up more rents in return for a higher chance of...
Persistent link: https://www.econbiz.de/10011892054
several other Western countries. We estimate the impact of immigration on voting for far-left and far-right candidates in … no robust effect on far-left voting. The increased support for far-right candidates is driven by low educated immigrants …
Persistent link: https://www.econbiz.de/10011892069
voting. …
Persistent link: https://www.econbiz.de/10011892125
We look at the effect of domestic redistribution policy on offshoring in an asymmetric two country model of … monopolistic competition, heterogeneous firms and occupational choice. The redistribution scheme is modeled by a combination of a … progressive income tax and a lump-sum transfer. We find that the redistribution scheme lowers the degree of globalization measured …
Persistent link: https://www.econbiz.de/10012623131