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We propose a two-stage process called minority voting to allocate public projects in a polity. In the first period, a society decides by a simple majority decision whether to provide the public project. If the proposal in the first period is rejected, the process ends. Otherwise the process...
Persistent link: https://www.econbiz.de/10013132433
When making collektive desicions, principals (voters or districts) typically benefit by strategically delegating their bargaining and voting power to representatives different from themselves. There are conflicting views in the literature, however, of whether such a delegate should be...
Persistent link: https://www.econbiz.de/10003781457
Past analyses of the U.S. Constitutional Convention have relied strictly on votes recorded for the states or a relatively small number of roll calls. We construct a new dataset covering delegate votes on over 600 roll calls. We utilize the data in several ways. First, we use the votes to...
Persistent link: https://www.econbiz.de/10014176010
The selection of political representatives depends on the political system. Principals, such as voters or districts, may benefit by strategically electing representatives different from themselves. While a status-quo biased delegate may be a better negotiator, an enthusiastic representative has...
Persistent link: https://www.econbiz.de/10014224332
We use the citizen-candidate model to study the differential incentives that alternative voting rules provide for candidate entry, and their effect on policy polarization. In particular, we show that allowing voters to cast multiple votes leads to equilibria which support multiple candidate...
Persistent link: https://www.econbiz.de/10014161074
Despite evidence that modern democracies systematically shortchange public investment goods, relatively little theoretical work exists to explain this phenomenon. We build on Baron and Ferejohn's (American Political Science Review, 83(4) (1989) 1181--1206) bargaining model to describe public...
Persistent link: https://www.econbiz.de/10014140583
We compare two procurement mechanisms, bundling and unbundling, in a two-stage auction model with risk-averse suppliers. They differ in whether two sequential tasks of investment and production are procured through a single auction or two sequential auctions. Each auction adopts a first-price...
Persistent link: https://www.econbiz.de/10013099394
This paper analyses the case when the political struggle not is channeled through policy choices, but through what information to adopt. The paper presents a simple model to analyze collective decisions of adopting new information when different parties' payoffs are contingent upon the new...
Persistent link: https://www.econbiz.de/10013208406
Persistent link: https://www.econbiz.de/10013133103
This study examines the dynamic nature of voting in modern elections with wide voting windows. Our stylized two-period model predicts that, if voters are not myopic, turnout in the current period tends to increase as the costs in the other period increase. The model also produces a surprising...
Persistent link: https://www.econbiz.de/10012830851