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This paper evaluates direct and structural discrimination as a means of increasing efforts in the most widely studied contests. We establish that a designer who maximizes efforts subject to a balanced-budget constraint prefers dual discrimination, namely, change of the contestants' prize...
Persistent link: https://www.econbiz.de/10010328852
The means of contest design may include differential taxation of the prize. This paper establishes that, given a revenue-maximizing contest designer who faces a balanced-budget constraint, the optimal taxation scheme corresponding to an all-pay auction is appealing in two senses. First, it...
Persistent link: https://www.econbiz.de/10010280823
This paper evaluates differential prize taxation and structural discrimination as a means of increasing efforts in the most widely studied contests. We establish that a designer who maximizes efforts subject to a balanced-budget constraint prefers dual discrimination, namely, change of the...
Persistent link: https://www.econbiz.de/10010282059
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/10010290757
This paper studies the assignment of decision makers to two committees that make decisions by a simple majority rule. There is an even number of decision makers at each of various skill levels and each committee has an odd number of members. Surprisingly, even with the symmetric assumptions in...
Persistent link: https://www.econbiz.de/10010277358
We suggest a probabilistic voting model where voters' preferences for alternative public goods display habit formation …
Persistent link: https://www.econbiz.de/10010264268
Explaining individual behavior in politics should rely on the same motivational assumptions as explaining behavior in the market: That's what Political Economy, understood as the application of economics to the study of political processes, is all about. In its standard variant, those who played...
Persistent link: https://www.econbiz.de/10010420732
This paper shows why a majority of legislators may vote for a policy that benefits a firm but harms all legislators. The firm may induce legislators to support the policy by suggesting that it is more likely to invest in a district whose voters or representative support the policy. In...
Persistent link: https://www.econbiz.de/10010281930
We examine voting behavior of Western allied countries in line with the United States over the period 1949 until 2019 …. Descriptive statistics show that voting in line with the United States on resolutions in the United Nations General Assembly (UNGA … policy shift is especially pronounced for resolutions dealing with the Middle East. The decline in common UNGA voting …
Persistent link: https://www.econbiz.de/10012842388
several other Western countries. We estimate the impact of immigration on voting for far-left and far-right candidates in … no robust effect on far-left voting. The increased support for far-right candidates is driven by low educated immigrants …
Persistent link: https://www.econbiz.de/10011815811