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We present a theoretical model of a parliamentary democracy, where party structures, government coalitions and fiscal policies are endogenously determined. The model predicts that, relative to proportional elections, majoritarian elections reduce government spending because they reduce party...
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outcome of a game with multiple-principals and multiple-agents. Opportunistic politicians bargain over policy. Rational voters … and for electing politicians to office. The questions asked are: how do alternative electoral rules and alternative regime … types the size of government, the composition of spending, the performance of politicians in terms of effort or corruption …
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