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The paper examines the impact of income inequality and mobility on income redistribution in a modified median voter … inequality. We also examine the effect of the length of electoral periods on redistribution and welfare for different groups and … allow for majority voting on the length of electoral periods. Finally, we extend the model to encompass retirement and baby …
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, effectively reducing greenhouse gas emissions. We set up a voting model in which political parties differ in their preferences for …
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We present a modified citizen-candidate model where the implemented policy arises from a compromise between the government and an unelected external power. We show that the two-candidate equilibria of this model differ significantly from the original: however small the cost of candidacy, the...
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We develop a model of electoral competition in which two purely opportunistic candidates select their policy position and invest in the quality of their platform. Policy positions are observed and, during the electoral campaign, the press reveals some information about quality. We demonstrate...
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prospective voting. A second theorem is that, in fact, it is the only equilibrium possessing the latter four conditions …
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