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This paper begins with a survey of the literature on the political economy approaches to labor income taxation. We focus on recent progress made by examining in detail the specific properties of non-linear taxes derived in the context of voting. Next, we present new results on the existence of...
Persistent link: https://www.econbiz.de/10015213424
The literatures dealing with voting, optimal income taxation, implementation, and pure public goods are drawn on here to address the problem of voting over income taxes to finance a public good. In contrast with previous articles, general nonlinear income taxes that affect the labor-leisure...
Persistent link: https://www.econbiz.de/10015213626
We model a protest against a firm aiming to remove a product that causes negative externalities. Both the firm and consumers are uncertain about the product’s value, but consumers receive noisy signals. Price plays a key role in aggregating information. When prices are high, consumers with...
Persistent link: https://www.econbiz.de/10015214176
The literatures dealing with voting, optimal income taxation, implementation, and pure public goods are drawn on here to address the problem of voting over income taxes to finance a public good. In contrast with previous articles, general nonlinear income taxes that affect the labor-leisure...
Persistent link: https://www.econbiz.de/10015214827
This paper considers a partial equilibrium model of conflict where two asymmetric, rational and risk-neutral opponents evaluate differently the contested stake. Differently from common contest models, agents have the option of choosing a second instrument to affect the outcome of the conflict....
Persistent link: https://www.econbiz.de/10015216354
In this paper, we study a model where voters have state-contingent preferences over policies and lobbies engage in influence activities to affect the information that a media outlet collects on the state of the world. The media outlet acts as a "filter" between lobbies and voters. It has to...
Persistent link: https://www.econbiz.de/10015218824
This paper considers a partial equilibrium model of conflict where two asymmetric, rational and risk-neutral opponents clash in order to redistribute a divisible prize in their favour. Differently from common contest models agents have the option of choosing a second instrument to affect the...
Persistent link: https://www.econbiz.de/10015220848
This paper investigates legislation in parliamentary and semi-presidential democracies where the legislature and the president have formal role in legislation. A proposed law is first voted in the legislature and if it passes, comes to the consideration of the president. I study two prevalent...
Persistent link: https://www.econbiz.de/10015222912
We consider information aggregation in national and local elections when voters are mobile and might sort themselves into local districts. Using a standard model of private information for voters in elections in combination with a New Economic Geography model, agglomeration occurs for economic...
Persistent link: https://www.econbiz.de/10015225226
We consider information aggregation in national and local elections when voters are mobile and might sort themselves into local districts. Using a standard model of private information for voters in elections in combination with a New Economic Geography model, agglomeration occurs for economic...
Persistent link: https://www.econbiz.de/10015226255