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This paper analyses a model of electoral competition with lobbying, where candidates hold private information about … increase the effect of lobbying. If, however, the cost of running for office is sufficiently large, there is no effect of … lobbying on policy. The model thus demonstrates that uncertainty on the influence of special interests can lead to large …
Persistent link: https://www.econbiz.de/10011703380
We present a citizen-candidate model on a multidimensional policy space with lobbying, where citizens regard some … offset the effect of lobbying on the implemented policy. This result is in sharp contrast with previous work on … unidimensional citizen-candidate models that predict the irrelevance of lobbying on the implemented policy. In an extension of the …
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Informal lending and savings institutions exist around the world, and often include regular door-to-door deposit collection of cash. Some banks have adopted similar services in order to expand access to banking services in areas that lack physical branches. Using a randomized control trial, we...
Persistent link: https://www.econbiz.de/10003809739
We study the effect on the participation rate of employing different voting rules in the context of the problem to allocate a fixed monetary budget to two different public projects. Specifically, we compare the mean rule according to which the average of the individually proposed allocations is...
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