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While people in democracies can vote their government out when they are discontent with its policies, those in dictatorships cannot do so. They can only attempt to expel the dictator via mass protests or revolutions. Based on a general cause-and-effect mechanism, the author analyzes whether such...
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concentration of power in the hands of the election winner is optimal if and only if the conflict of interest is small. …
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Using data from an experiment by Forsythe, Myerson, Rietz, and Weber (1993), designed for a different purpose, we test the "standard theory" that players have preferences only over their own mentary payoffs and that play will be in (evolutionary stable) equilibrium. In the experiment each...
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political agency setting. In the baseline two-period case where only the politician's actions are observable before the election … probability before the election (Maskin and Tirole's "feedback" case). In the three-period case, with two elections, the dynamic … evolution of confirmation bias can lead to more pandering before the first election. Finally, we show that when confirmation …
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This paper uses variation in the timing of the Mexican antipoverty program's introduction across municipalities to identify its impact on the share of votes for the local incumbent party. Evidence is found that voters reward the mayor's party for the central benefit to their constituencies,...
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