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We consider a model of political competition among two ideological parties who are uncertain about the distribution of voters. The distinguishing feature of the model is that parties can delegate electoral decisions to candidates by nomination. It is shown that if the credible platform...
Persistent link: https://www.econbiz.de/10005731286
We put in perspective two competing hypothesis on the nature of intergenerational transfers: altruism vs. exchange motivation. Unlike previous approaches, we concentrate on non-monetary transfers measured as the effort that parents need to make in order to prevent children?s fatal health...
Persistent link: https://www.econbiz.de/10005731333
We propose a two-region two-sector model of uneven development,where technological change benefits either the lagging or the leading region. Inthis framework inter-regional transfers may lead to persistentunderdevelopment; by raising wages, transfers reduce the chance of thebackward region...
Persistent link: https://www.econbiz.de/10005731356
A one-dimensional model of spatial political competition with incomplete information is developed.It is assumed that voters care about the distribu-tion of votes among the two candidates. Votershave an incomplete infor-mation about the distribution of voters´ types. We provide conditions...
Persistent link: https://www.econbiz.de/10005731400
We develop a dynamic political model of dividing a fixed amount of money among n districts. There are two political parties that make proposals on such divisions and compete in each district. Each district elects a representative to a legislature. Each party is governed by its representatives...
Persistent link: https://www.econbiz.de/10005731424
Our analysis yields some conclusions about the political role of regions in the formation of supranational economic areas, which turns out to be quite different from the role of nations. The claim that regions have more incentives than nations to attain a fiscal agreement implying full economic...
Persistent link: https://www.econbiz.de/10005731426
We analyze a one-dimensional model of spatial political competition with two parties and uncertainty on the distribution of voters types. We assume that parties are formed by regular members and professional politicians; members care about the policy enacted, while professional politicians, on...
Persistent link: https://www.econbiz.de/10005731429
A spatial model of party competition is studied in which, (i) Parties are supposed to have ideology. By this we mean that their goal is to maximize the welfare of their constituencies. (ii) The policy implemented after the election does not need to coincide with the one proposed by the winner....
Persistent link: https://www.econbiz.de/10008542865
This paper analyses the optimal inspection, tax and penalty functions, in models where the principal knows the distribution of agent types, inspections are perfect and costly, and where the actions and the types of agents are not costlessly observable by the principal. Agents and the principal...
Persistent link: https://www.econbiz.de/10008550441
We develop a model of spatial political competition with ideological parties and uncertainty. The political issue is the income tax rate and the amount of a public good. The ideology of each party is determine endogenously. We show that the tax rate does not coincide with the ideal policy of the...
Persistent link: https://www.econbiz.de/10005212609