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We analyze the effect of turnout requirements in referenda in the context of a group turnout model. We show that a participation quorum requirement may reduce the turnout so severely that it generates a "quorum paradox": In equilibrium, the expected turnout exceeds the participation quorum only...
Persistent link: https://www.econbiz.de/10008557170
Persistent link: https://www.econbiz.de/10012409079
In this paper, we study the initial recruitment of individuals in the political sector. We propose an equilibrium model of political recruitment by a party who faces competition for political talent from the lobbying sector. We show that a political party may deliberately choose to recruit only...
Persistent link: https://www.econbiz.de/10005497781
Two main career paths are prevalent among politicians in modern democracies: there are career politicians (i.e., politicians who work in the political sector until retirement), and political careers (i.e., there are politicians who leave politics before retirement and work in the private...
Persistent link: https://www.econbiz.de/10005389457
Persistent link: https://www.econbiz.de/10005461707
Two main career paths are prevalent among politicians in modern democracies: there are career politicians (i.e., politicians who work in the political sector until retirement), and political careers (i.e., there are politicians who leave politics before retirement and work in the private...
Persistent link: https://www.econbiz.de/10005088614
We analyze the coordination problem of agents deciding to join a group that uses membership revenues to provide a discrete public good and excludable benefits. The public good and the benefits are jointly produced, so that benefits are valued only if the group succeeds in providing the public...
Persistent link: https://www.econbiz.de/10005066765
Two main career paths are prevalent among politicians in modern democracies: there are career politicians (i.e., politicians who work in the political sector until retirement), and political careers (i.e., there are politicians who leave politics before retirement and work in the private...
Persistent link: https://www.econbiz.de/10005662380
Persistent link: https://www.econbiz.de/10005572972
In this paper, we study the initial recruitment of individuals in the political sector. We propose an equilibrium model of political recruitment by a party who faces competition for political talent from the lobbying sector. We show that a political party may deliberately choose to recruit only...
Persistent link: https://www.econbiz.de/10005778100