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.e. Germany, The Netherlands and Italy and (c) looked through simulation for a weight of factions such that governability is lower …
Persistent link: https://www.econbiz.de/10005577316
he paper describes a program for comparing electoral systems based on the simulation of the preferences of the voters … produces the resulting Parliament under a number of electoral systems, an index of representativeness and an index of … governability. The first part of the paper describes the characteristics of the program. In the second part it is used to compare …
Persistent link: https://www.econbiz.de/10005518617
Die Abwahl einer Regierung sowie die Entmachtung eines Diktators per Revolution können daran scheitern, dass kein individueller Teilnahmeanreiz besteht. Als Lösungsmöglichkeit wird ein strategischer Ansatz entwickelt, der zeigt, dass sich die Kollektivgutproblematik bei der Wahlteilnahme als...
Persistent link: https://www.econbiz.de/10010306593
This paper extends the axiomatic characterization of contest success functions of Skaperdas (1996) and Clark and Riis (1998) to contests between groups. – Contest ; conflict ; axiom ; group
Persistent link: https://www.econbiz.de/10010306993
We study whether the number of signatures collected to qualify a popular initiative affects the probability of reforming the status quo. The initiative process is modeled as a sequential game under uncertainty: petitioners make an entry decision and collect signatures to qualify the initiative....
Persistent link: https://www.econbiz.de/10011301784
A prerequisite for the adoption of redistributive policies in a democracy is that there be elected representatives who are either committed to or who have an incentive to advocate for such policies. To evaluate the prospects of such an outcome, this pa- per develops a theory exploring two...
Persistent link: https://www.econbiz.de/10010328077
In this paper, citizens vote in order to influence the election outcome and in order to signal their unobserved characteristics to others. The model is one of rational voting and generates the following predictions: (i) The paradox of not voting does not arise, because the benefi t of voting...
Persistent link: https://www.econbiz.de/10010329998
We experimentally investigate how reputational concerns affect behavior in repeated Tullock contests by comparing expenditures of participants interacting in fixed groups with the expenditures of participants interacting with randomly changing opponents. When participants receive full...
Persistent link: https://www.econbiz.de/10011688530
Drawing broadly on the literature on the political economy of the financial crisis, the paper looks at deregulation as a market driven process that culminated in a collective action failure. In the run up to the 2008 Financial Crisis strong competition and moral hazard went hand in hand and that...
Persistent link: https://www.econbiz.de/10011882744
The key element of models of contest is the Contest Success Function (CSF) which specifies the winning probabilities of agents. The existing axiomatizations of CSFs assume that contestants can make only one type of investment. This paper generalizes these axiomatizations to the case where each...
Persistent link: https://www.econbiz.de/10010263839