Showing 1 - 10 of 87
telecommunications industry of OECD countries during the 1990's. We analyze the role of political institutions, government's types and … liberalization patterns among countries. Yet, political and regulatory institutions and the pressure of strong incumbent firms are …
Persistent link: https://www.econbiz.de/10010278049
We use laboratory experiments to test for one of the foundations of the rational voter paradigm - that voters respond to probabilities of being pivotal. We exploit a setup that entails stark theoretical effects of information concerning the preference distribution (as revealed through polls) on...
Persistent link: https://www.econbiz.de/10011537285
This paper analyzes the role of narrowly selfish and other-regarding preferences for the median voter in a Meltzer-Richard (1981) framework. We use computerized and real human co-players to distinguish between these sets of motivations. Redistribution to real co-players has a negative effect on...
Persistent link: https://www.econbiz.de/10010307680
We investigate redistributive taxation in a political economy experiment and determine how different patterns of social mobility affect the choices of redistributional taxes. In the absence of social mobility, voters choose tax rates that are very well in line with the prediction derived in the...
Persistent link: https://www.econbiz.de/10010307690
This paper proposes a simultaneous-equation approach to the estimation of the contribution of transport infrastructure accumulation to regional growth. We model explicitly the political-economy process driving infrastructure investments; in doing so, we eliminate a potential source of bias in...
Persistent link: https://www.econbiz.de/10010330110
institutions that increase transparency but which as well, as an unintended side-effect, lower the lobbyist’s incentives for …
Persistent link: https://www.econbiz.de/10010278111
This paper proposes a simultaneous-equation approach to the estimation of the contribution of infrastructure accumulation to private production. A political economy model for the allocation of public infrastructure investment grants is formulated. Our empirical findings, using a panel of large...
Persistent link: https://www.econbiz.de/10010278155
We experimentally investigate information aggregation through majority voting when some voters are biased. In such situations, majority voting can have a dark side, that is, result in groups making choices inferior to those made by individuals acting alone. In line with theoretical predictions,...
Persistent link: https://www.econbiz.de/10010325107
This paper studies how individual characteristics, institutions, and their interaction influence moral decisions. We … institutions compared to situations of individual decision-making. Intelligence, female gender, and the existence of siblings …
Persistent link: https://www.econbiz.de/10011434949
This paper studies, theoretically and experimentally, whether the entitlement effect created by deservingness affects the willingness to lie. In a laboratory experiment, we compare the lying behavior of high-endowment participants with low-endowment participants. In one treatment, the allocation...
Persistent link: https://www.econbiz.de/10012227076