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This paper examines the effect of local political decision-making institutions (i.e., direct democracy vs. representative democracy) on citizens' preferences toward public spending. Exogenous variation in institutions comes from a regression discontinuity design, which exploits a discrete change...
Persistent link: https://www.econbiz.de/10011977357
Using a laboratory experiment with nested local and global public goods, we analyze the stability of global groups when individuals have the option to separate, according to the degree of decentralization of decision-making. We show that increasing the number of decisions made at the local level...
Persistent link: https://www.econbiz.de/10011803271
This paper investigates whether judge political affiliation contributes to racial and gender disparities in sentencing using data on over 500,000 federal defendants linked to sentencing judge. Exploiting random case assignment, we find that Republican-appointed judges sentence black defendants...
Persistent link: https://www.econbiz.de/10012453103
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The concept party identification lies at the heart of much research on political preferences and behavior in established democracies. Drawing on data obtained from the British Household Panel Survey (1991-99) and the German Socio-Economic Panel Survey (1984-1998), we offer a fresh approach to...
Persistent link: https://www.econbiz.de/10014119779
Introduction: Public Interest Explanations VS Public Choice Explanations -- Viral Mitigation: Weak Theoretical Underpinnings -- The World Stampeded: From Mass Hysteria to Prolonged Mass Hysteria -- Tradeoffs and Knock-on Effects -- Public Choice Theory: An Explanation of the Pandemic Policy...
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ChatGPT has risen rapidly to prominence due to its unique features and generalization ability. This article proposes using ChatGPT to assist small investment funds, particularly small passive funds, in making more accurate and informed proxy voting decisions.Passive funds adopt a low-cost...
Persistent link: https://www.econbiz.de/10014355237