Showing 51 - 60 of 134,837
We study an election with two perfectly informed candidates. Voters share common values over the policy outcome of the … election, but possess arbitrarily little information about which policy is best for them. Voters elect one of the candidates …
Persistent link: https://www.econbiz.de/10014041206
We provide a game-theoretical model of manipulative election campaigns with two political candidates and a continuum of …-efficient candidate wins the election even if she is more distant from the electorate than her opponent is. In contrast to the existing … election campaign models that do not support information manipulation in equilibrium, our paper rationalizes misleading …
Persistent link: https://www.econbiz.de/10013035471
This paper examines the institutional determinants of discipline in legislative parties building on the premise that leaders need to maintain support within the organization to continue leading. Payments distributed by the incumbent on the spot increase the value of promises of future benefits...
Persistent link: https://www.econbiz.de/10014026821
We explore how public opinion polls affect candidates' campaign spending in political competition. Generally, polls lead to (more) asymmetric behavior. Under a majority rule there always exists an equilibrium in which the initially more popular candidate invests more in the campaign and thereby...
Persistent link: https://www.econbiz.de/10010224792
Since good-looking politicians win more votes, a beauty advantage for politicians on the left or on the right is bound to have political consequences. We show that politicians on the right look more beautiful in Europe, the United States and Australia. Our explanation is that beautiful people...
Persistent link: https://www.econbiz.de/10011289386
This article analyses the dynamics of electoral promises, building on an electoral competition model with endogenous policies. It extends the Grossman-Helpman (1994) model [Grossman G., Helpman E. [1994], "Protection for sale", American Economic Review, 84, 4, 833-850] to include sanctions from...
Persistent link: https://www.econbiz.de/10003806719
We model an election between two Downsian mainstream candidates and a third inflexible politician. There is uncertainty …
Persistent link: https://www.econbiz.de/10011537537
What explains significant variation across countries in the use of vote buying instead of campaign promises to secure voter support? This paper explicitly models the tradeoff parties face between engaging in vote buying and making campaign promises, and explores the distributional consequences...
Persistent link: https://www.econbiz.de/10011521218
democracies. The second ballot of the 2016 Presidential election in Austria needed to be repeated because of inconsistencies in …
Persistent link: https://www.econbiz.de/10011573950
In their pursuit of being elected, politicians might not provide their constituents with independent viewpoints, but just try to outguess popular opinion. Although rational voters see through such populism, candidates can not resist resorting to it when the spoils of office are too large. For an...
Persistent link: https://www.econbiz.de/10011584560