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This paper provides new empirical evidence on policy-makers' voting patterns on interest rates. Applying (pooled) Taylor-type rules and using real-time information available from published inflation reports and voting records, the paper tests for heterogeneity among committee members in three...
Persistent link: https://www.econbiz.de/10013120227
Societies see growing support for populist politicians who advocate an end to globalization. Our behavioral economics model links impatience to voters' appraisals of an income shock due to globalization that is associated with short-run costs and delayed gains. The model shows that impatient...
Persistent link: https://www.econbiz.de/10012826005
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/10014186113
One argument against secret ballots is that such procedures lead to more selfish voting behavior and that public voting can increase prosocial voting and the likelihood of prosocial outcomes when voters are not subject to intimidation and coercion from outside interests. We investigate this...
Persistent link: https://www.econbiz.de/10012920727
In this paper we analyze a legislative bargaining game in which parties privately informed about their preferences bargain over an ideological and a distributive decision. Communication takes place before a proposal is offered and majority rule voting determines the outcome. When the private...
Persistent link: https://www.econbiz.de/10008665138
recommendations. We find that voting recommendations do indeed matter, implying that even in a secularized world, religion plays a …
Persistent link: https://www.econbiz.de/10010223454
In this paper we analyze a legislative bargaining game in which parties privately informed about their preferences bargain over an ideological and a distributive decision. Communication takes place before a proposal is offered and majority rule voting determines the outcome. When the private...
Persistent link: https://www.econbiz.de/10008669935
about the state of the world have to make a binary decision. We investigate incentives for truthful revelation of their …
Persistent link: https://www.econbiz.de/10011430746
We conduct an experiment in which groups are tasked with evaluating the truth of a set of politically relevant facts and statements, and we investigate whether communication improves information aggregation and the accuracy of group decisions. Our findings suggest that the effect of...
Persistent link: https://www.econbiz.de/10014495051
In real-life elections, voters do not have full information over the policy platforms proposed by political parties. Instead, they make their vote choice on the basis of (imprecise) subjective beliefs. I propose a new model of partisan competition to represent the interaction of these beliefs...
Persistent link: https://www.econbiz.de/10014146025