The fragmentation of the party system has confronted the German mixed-member proportional electoral system with a trilemma. It can only ensure two out of three goals: proportionality, guaranteed representation of district winners, and a fixed and predictable size of the Bundestag. This paper...

This paper studies the differential effects of fines and damages on people's investment in accident prevention. We report results from a laboratory experiment in which monetary payoffs are maintained across the two policy instruments. While standard theory predicts no difference in behavior, we...