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We introduce two natural types of asymmetric single-peaked preferences, which we name biased-above and biased-below, depending on whether the asymmetry (or preference-bias) favors alternatives above or below the peak. We de.ne a rich family of utility functions, the generalized distance-metric...
Persistent link: https://www.econbiz.de/10008800208
This paper studies two widely used models of political competition – citizen-candidate and probabilistic voting – to investigate the impact that asymmetries in single-peaked preferences have on two-party electoral competition. In a two-candidate equilibrium of the citizen–candidate model,...
Persistent link: https://www.econbiz.de/10011056256
We study the political consequences of policy preferences which are non-symmetric around the peak. While the usual assumption of symmetric preferences is innocuous in political equilibria with plat-forms convergence, it is not neutral when candidates are differentiated. We show that a larger...
Persistent link: https://www.econbiz.de/10008565756
In this paper, we analyze the political consequences derived from policy preferences which are non-symmetric around the peak. While the assumption of symmetric preferences is innocuous in political equi- libria with platforms convergence, it is not neutral when candidates are differentiated....
Persistent link: https://www.econbiz.de/10008513038
Several theoretical and methodological perspectives have been used to understand the trans-formations occurred during the last 20 years in the Costa Rican State. This work aims to de-fine a coherent approach of such transformations in order to understand them and be able to offer possible...
Persistent link: https://www.econbiz.de/10005836065
The relationship between government and household consumption remains to be one of the contentious issues in both theories and empirics, though its’ immense importance in fiscal policy formulation. Like theories, the empirical studies regarding the relationship between government and household...
Persistent link: https://www.econbiz.de/10009418494
Persistent link: https://www.econbiz.de/10010708159
The early contributions to the economic literature on this sub- ject assume that only market goods yield utility, and that the only way adults can secure the consumption of these goods in old age is by saving. More recent contributions recognize that the elderly derive utility also from the care...
Persistent link: https://www.econbiz.de/10011188901
Between 2007 and 2009, government expenditures increased rapidly across the OECD countries. While economic research on the impact of government purchases has flourished, in the data, about three quarters of the increase in expenditures in the United States (and more in other countries) was in...
Persistent link: https://www.econbiz.de/10008836388
The main goal of the study is to reveal and if possible measure in quantity the main permanent consequences for low, average and high income groups of the population from the introducing of the flat tax, the decreased total size of the obligatory insurance installments, the increased share in...
Persistent link: https://www.econbiz.de/10005569970