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A key feature of parliamentary democracy is government accountability vis-à-vis the legislature, but the important question of who speaks for the government—cabinet ministers or unelected bureaucrats, and the institutional underpinnings of this behavior—receives scant attention in the...
Persistent link: https://www.econbiz.de/10013218867
We study the rent-seeking behaviour of political parties in a proportional representation system, where the final policy choice of the parliament is a weighted average of parties' policy positions, weights being their vote shares. We nd that parties' policy preferences and their rent levels are...
Persistent link: https://www.econbiz.de/10013079727
Persistent link: https://www.econbiz.de/10001388179
How can office-seeking politicians or managers be aligned with social welfare or firm welfare, given that such agents have a suboptimal incentive to cater to majority preferences in situations with low participation costs and to elite preferences in situations with high participation costs? In...
Persistent link: https://www.econbiz.de/10014047248
This paper proposes a dynamic politico-economic theory of debt, government finance and expenditure. Agents have preferences over a private and a government-provided public good, financed through labor taxation. Subsequent generations of voters choose taxation, government expenditure and debt...
Persistent link: https://www.econbiz.de/10014049381
The nonexistence of equilibria in models of electoral competition involving multiple issues is one of the more puzzling results in political economics. In this paper, we relax the standard assumption that parties act as expected utility maximizers. We show that equilibria often exist when...
Persistent link: https://www.econbiz.de/10014194621
In this paper I study the strategic implications of coalition formation in an assembly. A coalition forms a voting bloc to coordinate the voting behavior of its members, acting as a single player and affecting the policy outcome. In a game of endogenous coalition formation, I show that voting...
Persistent link: https://www.econbiz.de/10014200421
Ghana’s 2008 elections have been hailed by national and international observers as a model for Africa. This perception has prevailed despite persistent concerns about 'ethnic block voting' and electoral fraud. Electoral malpractice and vote rigging along ethnic lines in Ghana's virtual...
Persistent link: https://www.econbiz.de/10014206432
Electoral platform convergence is perceived unfavorably by both the popular press and many academic scholars. This paper provides a formal account of these perceived negative effects. We show that when parties do not know voters' preferences perfectly, voters prefer some platform divergence to...
Persistent link: https://www.econbiz.de/10014216554
We present a model of parties-in-legislatures that can support partisan policy outcomes despite the absence of any party-imposed voting discipline. Legislators choose all procedures and policies through majority-rule bargaining and cannot commit to vote against their preferences on either. Yet,...
Persistent link: https://www.econbiz.de/10014217007