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Communication and efficiency in competitive coordination games

Cason, Timothy N.; Sheremeta, Roman M.; Zhang, Jingjing - Institut für Volkswirtschaftslehre, … - 2010

Costless pre-play communication has been found to effectively facilitate coordination and enhance efficiency in games with Pareto-ranked equilibria. We report an experiment in which two groups compete in a weakest-link contest by expending costly efforts. Allowing intra-group communication leads...

Persistent link: https://www.econbiz.de/10008642476

Election Day Registration: The Second Wave

Knack, Stephen - Volkswirtschaftliche Fakultät, … - 1998

The number of states with election-day registration (EDR) of voters doubled in the early 1990s, providing a new opportunity to estimate the turnout impact of EDR. Because of some important and neglected features of the "first wave" of EDR states, adopting EDR in the early 1970s, there is good...

Persistent link: https://www.econbiz.de/10008642671

Proto-coalition bargaining and the core

Breitmoser, Yves - Volkswirtschaftliche Fakultät, … - 2010

In the proto-coalition model of government formation, formateur F appoints a proto-coalition and asks its members whether to start negotiating a coalition contract. If all accept, then the proto-coalition forms and starts negotiating; otherwise a caretaker government assumes office. I extend...

Persistent link: https://www.econbiz.de/10008642697

Drivers Wanted: Motor Voter and the Election of 1996

Knack, Stephen - Volkswirtschaftliche Fakultät, … - 1998

The first presidential election following implementation of the National Voter Registration Act of 1993 was also the first in the lifetimes of most Americans in which a minority of the voting-age population bothered to vote. While that outcome must be a source of embarrassment to many reform...

Persistent link: https://www.econbiz.de/10008642707

Household Inequality, Social Welfare, and Trade

Francois, Joseph; Rojas-Romagosa, Hugo - C.E.P.R. Discussion Papers - 2010

develop a generalized dual approach to tracking household inequality aspects of social welfare in general equilibrium. We … complement the set of standard inequality results in trade theory focused on functional rather than household inequality. We also … find that the relative distributional impact of tariffs on welfare is conditional on the initial level of inequality. …

Persistent link: https://www.econbiz.de/10008642890

Real-time determinants of fiscal policies in the euro area: Fiscal rules, cyclical conditions and elections

Golinelli, Roberto; Momigliano, Sandro - Banca d'Italia - 2006

We examine the impact of four factors on the fiscal policies of the euro-area countries over the last two decades: the state of public finances, the European fiscal rules, cyclical conditions and general elections. We rely on information actually available to policy-makers at the time of...

Persistent link: https://www.econbiz.de/10005113602

The cyclical response of fiscal policies in the euro area. Why do results of empirical research differ so strongly?

Golinelli, Roberto; Momigliano, Sandro - Banca d'Italia - 2008

Whether discretionary fiscal policies in industrialized countries act counter- or pro-cyclically and whether their reaction is symmetric or asymmetric over the cycle are still largely unsettled questions. This uncertainty remains even when attention is restricted to euro-area countries, where...

Persistent link: https://www.econbiz.de/10005113617

Inefficient Policies and Incumbency Advantage

Hodler, R.; Loertscher, S.; Rohner, D. - Faculty of Economics, University of Cambridge - 2007

economic growth rate or the number of crimes committed. The voter only observes the policy outcome and then decides whether to …

Persistent link: https://www.econbiz.de/10005113773

Politician's Reputation and Policy (Un)persistence

Garrì, Iconio - Dipartimenti e Istituti di Scienze Economiche, … - 2008

We consider a political career concern model where politicians differ in their information on the states of the world in different periods and the outcome of a policy in different periods depends on the same state of the world. We show that a politician may continue to implement the past policy...

Persistent link: https://www.econbiz.de/10005113999

How did the 2003 Prescription Drug Re-importation Bill Pass the House?

Tower, Edward; Grabowski, Henry; Gokcekus, Omer; Adams, Mike - Duke University, Department of Economics - 2005

This paper examines the major interest groups in the debate over allowing the wholesale re-importation of prescription drugs through the Pharmaceutical Market Access Act. By making use of the logit model, we see the effects that each of these groups has had on the voting behavior of the 108 th...

Persistent link: https://www.econbiz.de/10005114004