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Persistent link: https://www.econbiz.de/10015076253
We examine abstention when voters in standing committees are asymmetrically informed and there are multiple pure strategy equilibria-swing voter's curse (SVC) equilibria where voters with low quality information abstain and equilibria when all participants vote their information. When the...
Persistent link: https://www.econbiz.de/10014213180
Games with imperfect information often feature multiple equilibria, which depend on beliefs off the equilibrium path. Standard selection criteria such as passive beliefs, symmetric beliefs or wary beliefs rest on ad hoc restrictions on beliefs. We propose a new selection criterion that imposes...
Persistent link: https://www.econbiz.de/10013056468
Games with imperfect information often feature multiple equilibria, which depend on beliefs off the equilibrium path. Standard selection criteria such as passive beliefs, symmetric beliefs or wary beliefs equilibria rest on ad hoc restrictions on beliefs. We propose a new selection criterion...
Persistent link: https://www.econbiz.de/10013061709
We collected and analyzed the data sets of all majoritarian Baron and Ferejohn (1989 Am. Pol. Sci. Rev.) experiments through 2018. By exploiting the variation of experimental parameters such as group size and discount factor we are able to test whether or not the theoretical point predictions...
Persistent link: https://www.econbiz.de/10012840441
Electoral competition is essential to democracy. Yet the incumbency rate in state-house legislative campaigns is nearly 95 percent. This report examines campaign contribution limits and the impact limits can have on electoral competition. The research on which this report is based was inspired...
Persistent link: https://www.econbiz.de/10012906253
Altruistic punishment is a fundamental driver for cooperation in human interactions. In this paper, we expand our understanding of this form of costly punishment to help explain a puzzle of voting behavior: why do people who are indifferent between two potential policy outcomes of an election...
Persistent link: https://www.econbiz.de/10010393636
Persistent link: https://www.econbiz.de/10011973309
Persistent link: https://www.econbiz.de/10012627037
This paper investigates the impact of contribution limits in campaign finance systems on the competitiveness of elections. Theoretically, contribution limits can have different and potentially opposite effects in an election: one effect could be that limits curtail the fundraising ability of...
Persistent link: https://www.econbiz.de/10013095950