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The authors analyze two-candidate elections in which voters are uncertain about the realization of a state variable that affects the utility of all voters. They assume each voter has noisy private information about the state variable. The authors show that, in equilibrium, almost all voters...
Persistent link: https://www.econbiz.de/10005332290
In this paper we estimate a bargaining model of government formation in parliamentary democracies. We use the estimated structural model to conduct constitutional experiments aimed at evaluating the impact of institutional features of the political environment on the duration of the government...
Persistent link: https://www.econbiz.de/10005231363