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We use the citizen-candidate model to study the differential incentives that alternative voting rules provide for candidate entry, and their effect on policy polarization. In particular, we show that allowing voters to cast multiple votes leads to equilibria which support multiple candidate...
Persistent link: https://www.econbiz.de/10014161074
We study the effect of power sharing over income redistribution among different socio-economic groups in a model of redistributive politics with fairness concern. We prove that a unique pure-strategy equilibrium exists under fairly general conditions; and we show that equilibrium transfers...
Persistent link: https://www.econbiz.de/10011563113
This paper presents a new model of interest groups and policy formation in the legislature. In our setting, the already given party ideological predispositions and power distribution determine the expected policy outcome. Our analysis applies to the case of un-enforced or enforced party...
Persistent link: https://www.econbiz.de/10009675135
This paper presents a new model of interest groups and policy formation in the legislature. In our setting, the already given party ideological predispositions and power distribution determine the expected policy outcome. Our analysis applies to the case of un-enforced or enforced party...
Persistent link: https://www.econbiz.de/10009683353
This paper presents a new model of interest groups and policy formation in the legislature. In our setting, the already given party ideological predispositions and power distribution determine the expected policy outcome. Our analysis applies to the case of un-enforced or enforced party...
Persistent link: https://www.econbiz.de/10013096476
optimal representation: the elected politician's platform is generally overly ambiguous. While our theory rationalizes a …
Persistent link: https://www.econbiz.de/10013012961
This paper presents a new model of interest groups and policy formation in the legislature. In our setting, the already given party ideological predispositions and power distribution determine the expected policy outcome. Our analysis applies to the case of unenforced or enforced party...
Persistent link: https://www.econbiz.de/10013315833
The role of institutions as determinants of rent seeking success is well established. In this paper, we focus on institutions that have received little attention in the literature, namely electoral institutions. We examine three measures of electoral institutional structure that are hypothesized...
Persistent link: https://www.econbiz.de/10014034197
The role of institutions as determinants of rent seeking success is well established. In this paper, we focus on institutions that have received little attention in the literature, namely electoral institutions. We examine three measures of electoral institutional structure that are hypothesized...
Persistent link: https://www.econbiz.de/10014034898
Traditional political economy has paid primary attention to the structuring of the principal-agent relationship between citizens and politicians and the role of competition and institutions in disciplining political agents. However, as the electoral control of politicians and the credibility of...
Persistent link: https://www.econbiz.de/10009772195