Showing 1 - 10 of 18,907
endogenously influence whether learning occurs through its policy choices (policy experimentation), future political competition … unilaterally, but faces competition from a political opponent in the future. Both parties care about voters payoffs, but they have … different beliefs about how policy choices will map into future economic outcomes. We show that when the incumbent party can …
Persistent link: https://www.econbiz.de/10013051379
Persistent link: https://www.econbiz.de/10010492079
other ways to strengthen media competition − such as increased polarization and prevention of collusion − critically depends …
Persistent link: https://www.econbiz.de/10012030647
This paper studies adaptive learning in the class of weighted network games. This class of games includes applications … show that quite general learning processes converge to a Nash equilibrium of a weighted network game if every player …
Persistent link: https://www.econbiz.de/10012944776
. -- coordination ; heterogeneity ; adaptive learning ; non-linear system ; feedback …
Persistent link: https://www.econbiz.de/10003612880
this end, we set up a two-stage political competition model and test its key mechanisms in the lab. At the entry stage … campaign by making non-binding promises to voters. Confirming the model's key predictions, we find in the experiment that …
Persistent link: https://www.econbiz.de/10011543745
We theoretically and experimentally study voter behavior in a setting characterized by plurality rule and mandatory voting, where voters choose from three options. We are interested in the occurrence of strategic voting in an environment where Condorcet cycles may occur. In particular, we focus...
Persistent link: https://www.econbiz.de/10011383055
electoral competition. In this paper, we advance research on electoral competition by developing a multidimensional model of … electoral competition in which parties compete for electoral support by raising the electoral salience of position issues. We …
Persistent link: https://www.econbiz.de/10014155198
decisions about the level of the public good. We derive the following results: i) Political competition is a necessary but not a … select institutions which restrict the power of politicians. iii) In conjunction with political competition, these …
Persistent link: https://www.econbiz.de/10010343846
We suggest a model of electoral competition between two parties which is extended by a third player : mass media. The … classical one-dimensional competition model is changed by introducing an issue-specific sensibility-coefficient and by allowing …
Persistent link: https://www.econbiz.de/10011441433