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unilaterally, but faces competition from a political opponent in the future. Both parties care about voters payoffs, but they have … endogenously influence whether learning occurs through its policy choices (policy experimentation), future political competition … that all incumbents can find it optimal to ‘over experiment’, relative to a counter-factual in which they are sure to be in …
Persistent link: https://www.econbiz.de/10010366185
This paper investigates the effects of different prize structures on the effort choices of participants in two-stage elimination contests. A format with a single prize is shown to maximize total effort over both stages, but induces low effort in stage 1 and high effort in stage 2. By contrast, a...
Persistent link: https://www.econbiz.de/10010340562
analysis of populism draws concepts from other social sciences such political theory, sociology, history and social psychology. …
Persistent link: https://www.econbiz.de/10012009237
We develop a dynamic model of political competition. Each party has a policymotivated ideological wing and an office …
Persistent link: https://www.econbiz.de/10003796136
We develop a dynamic model of political competition. Each party has a policymotivated ideological wing and an office …
Persistent link: https://www.econbiz.de/10003935643
economics. This paper explores voting on a scheme of intergroup competition, which facilitates cooperation in a social dilemma … situation. Experimental results show that the competitive scheme fosters cooperation. Competition is popular, but the electoral … outcome depends strongly on specific voting rules of institutional choice. If the majority decides, competition is almost …
Persistent link: https://www.econbiz.de/10009548053
Collective contests are examined permitting heterogeneity of stakes within every competing group. Our first concern is whether unequal distribution of stakes in a group can enhance its win probability. Our second concern is whether a large stake in a group can be individually disadvantageous. We...
Persistent link: https://www.econbiz.de/10009700302
economics. This paper explores voting on a scheme of intergroup competition which facilitates cooperation in a social dilemma … situation. Experimental results show that the competitive scheme fosters cooperation. Competition is popular but the electoral … outcome depends strongly on specific voting rules of institutional choice. If the majority decides, competition is almost …
Persistent link: https://www.econbiz.de/10013102829
economics. This paper explores voting on a scheme of intergroup competition which facilitates cooperation in a social dilemma … situation. Experimental results show that the competitive scheme fosters cooperation. Competition is popular but also that the … electoral outcome depends strongly on specific voting rules of institutional choice. If the majority decides, competition is …
Persistent link: https://www.econbiz.de/10013104948
Collective contests are examined permitting heterogeneity of stakes within every competing group. Our first concern is whether unequal distribution of stakes in a group can enhance its win probability. Our second concern is whether a large stake in a group can be individually disadvantageous. We...
Persistent link: https://www.econbiz.de/10013086980