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try to win the election with as little concessions as possible. The efficient amount of concessions and their distribution … efficient amount of concessions depends on the closeness of the election race. The closer the initial distribution of votes, the …
Persistent link: https://www.econbiz.de/10010301406
Persistent link: https://www.econbiz.de/10014545962
In this paper we discuss what needs to be done in a number of key policy areas. Certainly, the EU should focus on fields where benefits for all of Europe can be produced, and should withdraw from policy areas where this is not the case. Furthermore, deeper economic and political integration is...
Persistent link: https://www.econbiz.de/10010527596
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checks and balances' regulatory review process strengthens the role of the judicial power and election increases the populism … of implicitly motivated supervisors. Election arises when the risk related to expropriation of sunk investments and the … predictions. Indeed, when treated as endogenous, only the election of administrative law judges and not the one of regulators …
Persistent link: https://www.econbiz.de/10010312360
We develop a dynamic model of political competition. Each party has a policymotivated ideological wing and an office-motivated opportunistic wing. A blockade arises if inner-party conflict stops policy implementation. We use this model to study whether early elections should be used to overcome...
Persistent link: https://www.econbiz.de/10010263756
the static setting with a dynamic scenario where each incumbent politician faces an election after a finite, fixed term …
Persistent link: https://www.econbiz.de/10010264395
equilibrium policy is smaller, because their bargaining power is reduced compared to a single ballot election. The predictions on …
Persistent link: https://www.econbiz.de/10010264599
competing in a binary election may purchase votes in a sequential bidding game via up-front binding payments and/or campaign … promises (platforms) that are contingent upon the outcome of the election. We analyze the role of the parties' budget …
Persistent link: https://www.econbiz.de/10010266321
We examine the consequences of lobbying and vote buying, assuming this practice were allowed and free of stigma. Two .lobbyists. compete for the votes of legislators by oþering up-front payments to the legislators in exchange for their votes. We analyze how the lobbyists.budget constraints and...
Persistent link: https://www.econbiz.de/10010266328