Recent research on political parties and ethnicity has challenged the conventional wisdom about ethnicity as the major factor that explains voter alignment in Africa. The paper maintains that the cleavage model, although modified to include ethnicity, still provides heuristically the best...

This paper argues that differences in the dispersion of corporate ownership can help explain why party positions on corporate governance vary across countries and over time. Expectations that left/right conflicts should pitch capital against labor overlook that "capitalʺ is not a homogenous...

We develop a dynamic two-party political economy framework, in which parties seek to maximize vote share and face the trade-off between catering to their respective core constituencies on the one hand and "middle of the road" voters with no partisan affiliation on the other hand. In contrast to...

We develop a dynamic two-party political economy framework, in which parties seek to maximize vote share and face the trade-off between catering to their respective core constituencies on the one hand and ‘middle of the road’ voters with no partisan affiliation on the other hand. In contrast...

Das Papier gibt drei Beiträge zu einer Veranstaltung im Rahmen der Workshopreihe 'Ordnung und Organisation der japanischen Wirtschaft' wieder. Stefan Voigt führt in Annahmen, Analysemethoden und Anwendungsmöglichkeiten der institutionenökonomischen Theorie ein. Dirk Wentzel greift auf die...