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We experimentally investigate a legislative bargaining model with both public and particularistic goods. Consistent with the qualitative implications of the model: There is near exclusive public good provision in the pure public good region, in the pure private good region minimum winning...
Persistent link: https://www.econbiz.de/10008868074
This paper brings mechanism design to the study of conflict resolution in international relations. We determine when and how unmediated communication and mediation reduce the ex ante probability of conflict, in a simple game where conflict is due to asymmetric information. Unmediated...
Persistent link: https://www.econbiz.de/10008868082
This paper applies mechanism design to conict resolution. We determine when and how unmediated communication and mediation reduce the ex ante probability of conflict in a game with asymmetric information. Mediation improves upon unmediated communication when the intensity of conict is high, or...
Persistent link: https://www.econbiz.de/10009024971
By defining political economy and war in the broadest sense, this unique Handbook brings together a wide range of interdisciplinary scholars from economics, political science, sociology, and policy studies to address a multitude of important topics. These include an analysis of why wars begin,...
Persistent link: https://www.econbiz.de/10011176666
If citizens of different countries belonging to an economic union adhere to different and deeply rooted cultural norms, when these countries interact their leaders may find it impossible to agree on efficient policies, especially in hard times. Political leaders’ actions are bound to express...
Persistent link: https://www.econbiz.de/10011075114
We provide a positive analysis of effort allocation by a politician facing reelection when voters are uncertain about the politician's preferences on a divisive issue. We then use this framework to derive normative conclusions on the desirability of transparency, term limits, and independence of...
Persistent link: https://www.econbiz.de/10011080201
type="main" xml:id="ecca12060-abs-0001" <p>Much literature on political behaviour treats politicians as motivated by re-election, choosing actions to signal their types to voters. We identify a novel implication of incumbent signalling. Because incumbents only care about clearing a re-election...</p>
Persistent link: https://www.econbiz.de/10011038551
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