Meltzer and Richard (1981) famously hypothesized that enfranchising new constituents such that the new median voter is poorer than before, increases the demand for redistribution and state expenditure. Consequently, one would expect that extending the suffrage to women should increase the...

This article studies how voters react when foreign powers support a particular political party in a fragile democracy. The article identifies which voters believe the intervention plays a positive role in the electoral process and which voters have the opposite opinion. The article argues that...

This study investigates the effect of candidates’ expenditure on elections’ results focusing on run-off elections’ data. Our analysis, based on all the available run-off municipal elections in Israel between 1993 and 2008, shows that candidates’ share of the vote is not substantially...

We examine levels of support for voter identification (ID) laws. Voter ID laws are highly politicized legislative acts originating at the state level. While some see them as necessary to prevent voting fraud, others argue that fraud is extremely rare and that voter ID laws can actually prevent...

This paper exposits a model of parallel trading of corporate securities (shares, bonds) and derivatives (TRS, CDS) in which a large trader can sometimes profitably acquire securities with their corporate control rights for the sole purpose of reducing the corporation's value and gaining on a net...

Elected representatives have little incentive to pursue the interests of those electing them once they are elected. This well-known principal agent problem leads, in a variety of theories of government, to nonoptimally large levels of government expenditure. An implication is that budgetary...

This article introduces a matrix model to account for variations in turnout as a function of the interaction between individual attributes and perceptions, stressed by the Michigan model, and stimuli from political mobilization and government performance, stressed by institutional theories....

In the election for President of the United States, the Electoral College is the body whose members vote for an elect the President directly. Each state sends a number of delegates equal to its total number of representatives and senators in Congress; all but two states (Nebraska and Maine)...

We experimentally investigate information aggregation through majority voting when some voters are biased. In such situations, majority voting can have a 'dark side', i.e. result in groups making choices inferior to those made by individuals acting alone. We develop a model to predict how two...