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In this paper we challenge the conventional view that strikes are caused by asymmetric information regarding firm profitability such that union members are uninformed. Instead, we build an expressive model of strikes where the perception of unfairness provides the expressive benefit of voting...
Persistent link: https://www.econbiz.de/10014168651
In this paper we examine three forms of regret in relation to the UKâ s hugely significant referendum on EU membership that was held in June 2016. These are, (i) whether leave voters at the referendum subsequently regretted their choice (in the light of the result), (ii) whether non-voters...
Persistent link: https://www.econbiz.de/10014087774
The emphasis on constitutional political economy has been that new rules and institutions can be devised that improve the welfare of a society. Given the number of societies that are infected with political conflict and, as a result, lower levels of welfare, this paper attempts to analyze why we...
Persistent link: https://www.econbiz.de/10004989746
This paper attempts to extend existing models of political agency to an environment in which voting may be divided between informed and instrumental, informed and ‘expressive’ (Brennan and Lomasky (1993)) and uninformed due to ‘rational irrationality’ (Caplan (2007)). It constructs a...
Persistent link: https://www.econbiz.de/10004992692
There has been much debate regarding the electoral strategy adopted by New Labour in the lead-up to and then during their time in government. This paper addresses the issue from the perspective of left/right and libertarian/authoritarian considerations by examining data on individual attitudes...
Persistent link: https://www.econbiz.de/10010692880
It is recognised that expressive preferences may play a major role in determining voting decisions because the low probability of being decisive in elections undermines standard instrumental reasoning. Expressive and instrumental preferences may deviate and in electoral settings it is more...
Persistent link: https://www.econbiz.de/10013029499
Brennan and Hamlin (1998) predict that moderates are more likely to be expressive rather than instrumental voters, but do not test this hypothesis. Greene and Nelson (2002) claim to reject this, by finding that extremists are as likely to vote as moderates. We argue that Greene and Nelson's...
Persistent link: https://www.econbiz.de/10005709042
We construct models of the endogenous formation of political groups designed to capture some of the key features of political and social conflict. We draw on the `citizen candidate' approach and consider both instrumental and expressive approaches to understanding group formation and conflict...
Persistent link: https://www.econbiz.de/10005709259