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We develop a model that combines competitive exchange of private commodities across endogenously formed groups with public good provision and global collective decisions. There is a tension between local and global collective decisions. In particular, we show that group formation and collective...
Persistent link: https://www.econbiz.de/10010399075
Recent contributions to the political economics literature (Trebbi et al. 2007; Aghion et al. 2004) have challenged the view that political institutions are exogenous to the behavior of agents in the political arena. We explicitly address the potential endogeneity of institutions by examining the...
Persistent link: https://www.econbiz.de/10009746793
Recent contributions to the political economics literature (Trebbi et al. 2007; Aghion et al. 2004) have challenged the view that political institutions are exogenous to the behaviour of agents in the political arena. We explicitly address the potential endogeneity of institutions by examining the...
Persistent link: https://www.econbiz.de/10003751225
Persistent link: https://www.econbiz.de/10001362762
We measure where and to what end parties take control of Congressional redistricting, which lets them redraw districts to favor their own candidates. We exploit the discontinuous change in a party's control of redistricting triggered when its share of seats in the state legislature exceeds 50...
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