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Polities differ in the extent to which political parties can pre-commit to carry out promised policy actions if they take power. Commitment problems may arise due to a divergence between the ex ante incentives facing national parties that seek to capture control of the legislature and the ex...
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Polities differ in the extent to which political parties can pre-commit to carry out promised policy actions if they take power. Commitment problems may arise due to a divergence between the ex ante incentives facing national parties that seek to capture control of the legislature and the ex...
Persistent link: https://www.econbiz.de/10012467285
Recent studies of American politics evidence that political polarization of both the electorate and the political elite have moved "almost in tandem for the past half century" McCarty, Poole and Rosenthal, 2003:2), and that party polarization has steadily increased since the 1970s. On the other...
Persistent link: https://www.econbiz.de/10014068486
This paper provides a comprehensive theoretical model of the political decision making process. Therein two ideologically different political parties compete for power. Their primary instrument in this competition are programmatic concessions in favor of voters and interest groups. As any...
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