We consider a small open economy that faces a commitment problem in trade liberalization. We examine how the relationship with a large trading partner affects the ability of the small countrys government to sustain free trade through a reputational mechanism. If the small country's government is...

We assemble a novel dataset of matched legislative and constituent votes and demonstrate that less income does not mean less representation. We show 1) The opinions of high and low income voters are highly correlated; the legislator's vote often reflects the desire of both. 2) What differences in...

Abundant evidence suggests that high levels of contributions to public goods can be sustained through self-governed monitoring and sanctions. This experimental study investigates the effectiveness of decentralized sanctioning institutions in alternative punishment networks. Our results show that...

The paper theoretically analyzes the public choice of transfer payments to the poor (welfare spending) by modeling poverty alleviation as a public good provided by local governments. Voters that are not welfare recipients support welfare spending out of self-interest, rather than altruism, due...

The appointment of a “technical government” in Italy in 2011 raised many criticism, mostly related to its lack of democratic legitimacy. The peculiar nature of this government has been justified with the risk of default of Italy which the “normal” political processes were assumed unable...

Economic voting theory is one of the most powerful explanations of voting behavior of ordinary citizens and it’s almost a part of democratic practice. This approach is heavily used in the Turkish context and models based on this model are very successful in estimating election results....

There is ample evidence for a “democracy premium”. Laws that have been implemented via election lead to a more cooperative behavior compared to a top-down approach. This has been observed using field data and laboratory experiments. We present evidence from Chinese students and workers who...

Az írás a kontraszelekció és az erkölcsi kockázat információ-gazdaságtani fogalmának politikatudományi alkalmazhatósága mellett érvel. Azt kívánja bemutatni, hogy a politikai piac szereplői közti információs aszimmetria mechanizmusainak éppúgy lehetnek súlyos negatív...

Az abszolút többség eljárási elvére épülő szavazási játékok egy része lehetővé teszi, hogy a játékosok stratégiai viselkedésükkel ellensúlyozzák az ügyrend hatását. A tanulmány a Közép-Európai Egyetemen végzett bizottsági döntési kísérletek eredményeit...

A hagyományos szavazási játékok speciális átruházható hasznosságú, kooperatív játékok, úgynevezett egyszerű játékok, ahol a játékosok a pártok, és az egyes koalíciók értéke 1 vagy 0 attól függően, hogy az adott koalíció elég erős-e az adott jogszabály...