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Commentators on market-oriented policy reform, e.g. John Williamson and Naomi Klein, have observed that radical policy change is often enacted in the wake of a “crisis†which is perceived to necessitate and justify the change. In section 2, I critically examine Williamson’s work...
Persistent link: https://www.econbiz.de/10011161110
When campaigning for reelection, incumbent parties' promises to voters are constrained by their records in office, while opposition parties can use their time away from power to develop new platforms. In this paper, I introduce incumbent policy persistence in a dynamic game of electoral...
Persistent link: https://www.econbiz.de/10010785022
We consider a political career concern model where politicians differ in their information on the states of the world in different periods and the outcome of a policy in different periods depends on the same state of the world. We show that a politician may continue to implement the past policy...
Persistent link: https://www.econbiz.de/10005113999
warnings will be essential. This paper presents a comparison of abstract versus language-based multimodal warnings signifying … critical situation for a non-attentive driver to be in. Multimodal abstract or language-based warnings signifying this … potential of moving simple but salient autonomous car warnings to where a gaming side task takes place. …
Persistent link: https://www.econbiz.de/10012046595
Regulatory agencies frequently present violators with warnings, not pursuing prosecution if the violation ceases upon … receipt of the warning. We show how such warnings may help regulators to keep control: Prosecution is costly for the regulator …, the economy can accidentally switch from one equilibrium to another. Warnings reduce substantially the probability of such …
Persistent link: https://www.econbiz.de/10010284432
to analyze the effects of specific warnings and information on retail investors' demand for Bitcoin. Our results indicate … that the impact is strongest when warnings point to privacy issues. Information on the lack of guarantees or on CO2 … emissions only affects particular subgroups. Knowledge of broad public acceptance increases overall demand. Warnings can …
Persistent link: https://www.econbiz.de/10012550156
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Persistent link: https://www.econbiz.de/10010366828
Persistent link: https://www.econbiz.de/10011293427
to analyze the effects of specific warnings and information on retail investors’ demand for Bitcoin. Our results indicate … that the impact is strongest when warnings point to privacy issues. Information on the lack of guarantees or on CO2 … emissions only affects particular subgroups. Knowledge of broad public acceptance increases overall demand. Warnings can …
Persistent link: https://www.econbiz.de/10012545017