Showing 91 - 100 of 29,319
We study Downsian competition in a Mirrleesian model of income taxation. The competing politicians may differ in competence. If politicians engage in vote-share maximization, the less competent politician's policy proposals are attractive to the minority of rich agents, whereas those of the...
Persistent link: https://www.econbiz.de/10010274813
We study electoral competition among politicians who are heterogeneous both in competence and in how much they care about (what they perceive as) the public interest relative to the private rents from being in office. We show that politicians? incentives to behave opportunistically increase with...
Persistent link: https://www.econbiz.de/10010275662
This paper models a purely informational mechanism behind the incumbency advantage. In a two-period electoral campaign with two policy issues, a specialized incumbent and an unspecialized, but possibly more competent challenger compete for election by voters who are heterogeneously informed...
Persistent link: https://www.econbiz.de/10011441860
How do voters allocate costly attention to alternative political issues? And how does selective ignorance of voters interact with policy design by politicians? We address these questions by developing a model of electoral competition with rationally inattentive voters. Rational inattention...
Persistent link: https://www.econbiz.de/10011451459
Recent developments in information and communication technologies allow candidates for office to engage in sophisticated messaging strategies to influence voter choice. We consider how access to different technologies influence the choice of policy platforms by candidates. We find that when...
Persistent link: https://www.econbiz.de/10012227774
Two common characteristics of populism are anti-elitism and favoring popular will over expertise. The recent successes of populists are often attributed to the common people, the majority of voters, being left behind by mainstream parties. This paper shows that the two characteristics of...
Persistent link: https://www.econbiz.de/10012427155
How do parties choose issues to emphasize in campaigns, and when does electoral competition force parties to address issues important to voters? Empirical studies have found that although parties focus disproportionately on favourable issues in campaigns, they also spend much of the 'short...
Persistent link: https://www.econbiz.de/10012819011
We develop a theory of democratization that integrates both electoral calculations and economic incentives to explain the institutional choices of political actors. Left-leaning (liberal) politicians, who, given their location in the policy space, are more likely to receive the support of newly...
Persistent link: https://www.econbiz.de/10013178162
We study competition between political parties in repeated elections with probabilistic voting, allowing a multidimensional policy space and multiple political parties. This model entails multiple equilibria. When parties hold different opinions on some policy, they may take different policy...
Persistent link: https://www.econbiz.de/10012615461
This paper deals with the impact of electoral competition on politicians' outside earnings. We propose a simple theoretical model with politicians facing a tradeoff between allocating their time to political effort or to an alternative use generating outside earnings. The model has a testable...
Persistent link: https://www.econbiz.de/10010427533