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A voting scheme assigns to each profile of alternatives chosen by "n" individuals a compromise alternative. Here the set of alternatives is represented by the Euclidean plane. The individual utilities for the compromise point are equal to the negatives of the distances of this point to the...
Persistent link: https://www.econbiz.de/10005572221
This paper examines competition in a spatial model of two-candidate elections, where one candidate enjoys a quality advantage over the other candidate. The candidates care about winning and also have policy preferences. There is two-dimensional private information. Candidate ideal points as well...
Persistent link: https://www.econbiz.de/10005572240
We discuss sincere voting when voters have cardinal preferences over alternatives. We interpret sincerity as opposed to strategic voting, and thus define sincerity as the optimal behavior when conditions to vote strategically diminish. When voting mechanisms allow for only one message type...
Persistent link: https://www.econbiz.de/10005572250
This article tests for the existence of rational political business cycles models using a large and unexplored data set of Portuguese municipalities. The data set is well-suited for this purpose because it provides a high level of detail on expenditure items, because Portuguese municipalities...
Persistent link: https://www.econbiz.de/10005572456
The literature on political business cycles suggests that politicians systematically manipulate economic and fiscal conditions before elections. The literature on vote and popularity functions suggests that economic conditions systematically affect election outcomes. This paper integrates these...
Persistent link: https://www.econbiz.de/10005572464
This paper analyzes a two-alternative voting model with the distinctive feature that voters have preferences over margins of victory. We study voting contests with a finite as well as an infinite number of voters, and with and without mandatory voting. The main result of the paper is the...
Persistent link: https://www.econbiz.de/10005572575
We analyze the impact of different types of international conventions that require signatory countries to penalize domestic firms that are found to have bribed foreign public officials. We analyze enforcement of penalties under a convention styled after the OECD's 'Convention on Combating...
Persistent link: https://www.econbiz.de/10005572621
Any electoral system has an electoral formula that converts vote proportions into parliamentary seats. Pre-electoral polls usually focus on estimating vote proportions and then applying the electoral formula to give a forecast of the parliament's composition. We here describe the problems...
Persistent link: https://www.econbiz.de/10005572623
We construct a dynamic voting model of multiparty competition in order to capture the following facts: voters base their decision on past economic performance of the parties, and parties and candidates have different objectives. This model may explain the emergence of parties' ideologies, and...
Persistent link: https://www.econbiz.de/10005572624
This paper examines competition in the standard one- dimensional Downsian model of two-candidate elections, but where one candidate (A) enjoys an advantage over the other candidate (D). Voters' preferences are Euclidean, but any voter will vote for candidate A over candidate D unless D is closer...
Persistent link: https://www.econbiz.de/10005572645