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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/10011378822
voting rules which are criticized for being inefficient as they do not condition on preference intensities. The dynamic … information on preference intensities. Nonetheless, we show that often simple voting is optimal for two-person committees. This …
Persistent link: https://www.econbiz.de/10010341070
This paper has two sources: One is my own research in three broad areas: business cycles, economic measurement and social choice. In all of these fields I attempted to apply the basic precepts of the scientific method as it is understood in the natural sciences. I found that my effort at using...
Persistent link: https://www.econbiz.de/10010439382
This paper investigates the impact of emigration on the political choice regarding the size of the welfare state. Mobility has two countervailing effects: the political participation effect and the tax base effect. With emigration, the composition of the constituency changes. This increases the...
Persistent link: https://www.econbiz.de/10010439388
-riding. However, people also obey law backed by mild sanctions if it is accepted in a referendum. We show that voting for mild law …
Persistent link: https://www.econbiz.de/10011408944
We examine the relationship between voting weights and expected equilibrium payoffs in legislative bargaining and …
Persistent link: https://www.econbiz.de/10011448759
voting power indices, is proposed, and the different measures are compared using a sample of large listed German firms. The …
Persistent link: https://www.econbiz.de/10011450369
We study experimentally how taxpayers choose between two tax regimes to fund a public good. The first-best tax regime imposes a general, distortion-free income tax. However, this tax cannot be enforced. The second-best alternative supplements the income tax by a specific commodity tax. This tax...
Persistent link: https://www.econbiz.de/10011450920
positions. In a probabilistic voting model, we show that a lack of financial institutions can lead to more corruption as more …
Persistent link: https://www.econbiz.de/10011451286
Voting is an important form of civic participation in democratic societies but a fundamental right that many citizens … do not exercise. This study investigates the effects of welfare reform in the U.S. in the 1990s on voting of low income … women. Using the November Current Population Surveys with the added Voting and Registration Supplement for the years 1990 …
Persistent link: https://www.econbiz.de/10011453439