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Persistent link: https://www.econbiz.de/10005573387
Simultaneity between prisoner populations and crime rates makes it difficult to isolate the causal effect of changes in prison populations on crime. To break that simultaneity, this paper uses prison overcrowding litigation in a state as an instrument for changes in the prison population. The...
Persistent link: https://www.econbiz.de/10005691015
Previous empirical studies have found little evidence that voters reward incumbent members of Congress for bringing federal dollars to their district. One explanation for these findings is that incumbents who are in danger of losing reelection exert more effort to obtain federal funds. To...
Persistent link: https://www.econbiz.de/10005733714
Previous studies of congressional spending have typically found a large positive effect of challenger spending but little evidence for effects of incumbent spending. Those studies, however, do not adequately control for inherent differences in vote-getting ability across candidates. This paper...
Persistent link: https://www.econbiz.de/10005608037
This paper develops a methodology for consistently estimating the relative weights in senator utility functions, despite the fact that senator ideologies are unobserved. The empirical results suggest that voter preferences are assigned only one quarter of the weight in senator utility functions....
Persistent link: https://www.econbiz.de/10005241305
Previous empirical studies have uncovered little evidence that police reduce crime, possibly due to simultaneity problems. This paper uses the timing of mayoral and gubernatorial elections as an instrument variable to identify a causal effect of police on crime. Increases in the size of police...
Persistent link: https://www.econbiz.de/10005241546
Persistent link: https://www.econbiz.de/10012274640
Expected utility theory, prospect theory, and most other models of risky choice are based on the fundamental premise that individuals choose among risky prospects by balancing the value of the possible consequences. These models, therefore, require that the value of a risky prospect lie between...
Persistent link: https://www.econbiz.de/10005690752
This paper explores to what extent secondary policy issues are influenced by electoral incentives. We develop a two-dimensional political agency model, in which a politician decides on both a frontline policy issue and a secondary policy issue. The model predicts when the incumbent should...
Persistent link: https://www.econbiz.de/10005814841
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