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Bounded rationality and voting decisions exploring a 160-year period
Stadelmann, David; Torgler, Benno - 2012
Using a natural voting experiment in Switzerland that encompasses a 160-year period (1848-2009), we investigate whether …
Persistent link: https://www.econbiz.de/10010294291
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On the Weights of Nations: Assigning Voting Weights in a Heterogeneous Union
Barbera, Salvador; Jackson, Matthew O. - 2004
Consider a voting procedure where countries, states, or districts comprising a union each elect representatives who … characterization of the efficient voting rule in terms of the weights assigned to different districts and the voting threshold (how … correlation structure of agents preferences, we analyze how voting weights relate to the population size of a country. We then …
Persistent link: https://www.econbiz.de/10011324952
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Farsighted Stability with Heterogeneous Expectations
Bloch, Francis; van den Nouweland, Anne - 2017
heterogeneous expectations in one-to-one matching models and voting models, and show that the relaxation of the hypothesis of common …
Persistent link: https://www.econbiz.de/10011816734
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The factors behind CO₂ emission reduction in transition economies
Zugravu, Natalia; Millock, Katrin; Duchene, Gerard - 2008
The Central and Eastern European countries significantly reduced their carbon dioxide (CO2) emissions between 1995 and 2003. Was this emission reduction just the fortuitous result of the major economic transformation undergone by countries in the transition? Or is it rather a result of more...
Persistent link: https://www.econbiz.de/10010279483
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Chasing the smokestack: Strategic policymaking with multiple instruments
Fredriksson, Per G.; List, John A.; Millimet, Daniel L. - 2002
Recent studies suggest a considerable amount of horizontal strategic interaction amongst governments exists. The empirical approach in these studies typically relies on estimating reaction functions in a uni-dimensional policy framework, where a nonzero slope estimate suggests strategic...
Persistent link: https://www.econbiz.de/10011335710
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Redealing the Cards: How the Presence of an Eco-Industry Modifies the Political Economy of Environmental Policies
Canton, Joan - 2007
An incumbent government maximizes its chances of being reelected. Its objective function encompasses both social welfare and political contributions. Its only instrument is a pollution tax. In an open-economy context, we introduce an eco-industry in addition to lobbies of polluting firms and...
Persistent link: https://www.econbiz.de/10010312361
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Endogenous Price Mechanisms,Capture and Accountability Rules: Theory and Evidence
Guerriero, Carmine - 2006
This paper analyzes the constitutional determinants of cost reimbursement rules. In order to design the optimal incentive schemes, a possibly partisan planner will take into account the market cost structure, the institutional design of the supervision hierarchical structure and its technology....
Persistent link: https://www.econbiz.de/10010312604
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The evolution of renewable energy policy in OECD countries: Aggregate indicators and determinants
Nicolli, Francesco; Vona, Francesco - 2012
This paper proposes different methods to aggregate heterogeneous policies for renewable energy. We compare time-varying indicators built using principal component analysis with average-based indicators. The main goal of the paper is to account for the evolution of both types of policy indicators...
Persistent link: https://www.econbiz.de/10010294301
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Divide and Conquer: Noisy Communication in Networks, Power, and Wealth Distribution
Perez, Wilson - 2004
In a society composed of a ruler and its citizens: what are the determinants of the political equilibrium between these two? This paper approaches this problem as a game played between a ruler who has to decide the distribution of the aggregate income and a group of agents/citizens who have the...
Persistent link: https://www.econbiz.de/10011324912
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The political economy of emission tax design in environmental policy
Glachant, Matthieu - 2002
In actual environmental policy, the design of actual pollution emission taxes differs significantly with the optimal Pigovian tax. In particular, earmarking prevails and actual taxes are usually combined with regulation. Furthermore tax rates are generally too low to significantly influence...
Persistent link: https://www.econbiz.de/10011335760