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作者：Aidt, Toke S.; Mooney, Graham
作者单位：University of Cambridge; Johns Hopkins University
摘要：We study the opportunistic political budget cycle in the London Metropolitan Boroughs between 1902 and 1937 under two different suffrage regimes: taxpayer suffrage (1902-1914) and universal suffrage (1921-1937). We argue and find supporting evidence that the political budget cycle operates differently under the two types of suffrage. Taxpayer suffrage, where the right to vote and the obligation to pay local taxes are linked, encourages demands for retrenchment and the political budget cycle ma...
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作者：Hummel, Patrick; Holden, Richard
作者单位：Alphabet Inc.; Google Incorporated; University of New South Wales Sydney
摘要：We analyze a model of US presidential primary elections for a given party. There are two candidates, one of whom is a higher quality candidate. Voters reside in m different states and receive noisy private information about the identity of the superior candidate. States vote in some order, and this order is chosen by a social planner. We provide conditions under which the ordering of the states that maximizes the probability that the higher quality candidate is elected is for states to vote in...
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作者：Millner, Antony; Ollivier, Helene; Simon, Leo
作者单位：University of London; London School Economics & Political Science; Centre National de la Recherche Scientifique (CNRS); Paris School of Economics; University of California System; University of California Berkeley; Swiss Federal Institutes of Technology Domain; ETH Zurich
摘要：We consider a two period model in which an incumbent political party chooses the level of a current policy variable 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 endogenously influence whether learning occurs through its policy choices (policy experimentation), future political competit...
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作者：Chowdhury, Subhasish M.; Jeon, Joo Young
作者单位：University of East Anglia; University of East Anglia
摘要：We investigate the consequences of a pure income effect on the altruistic behavior of donors. Inequality aversion theories predict either no effect or a decrease in giving, whereas impure altruism theory predicts an increase in giving with an increase in the common income of donor and receiver. Theoretical predictions being contradictory, we run a dictator game in which we vary the common show-up fee of both the dictator and the recipient, while keeping an extra amount to be shared the same. T...
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作者：Kessler, Judd B.; Roth, Alvin E.
作者单位：University of Pennsylvania; Stanford University
摘要：Giving registered organ donors priority on organ waiting lists, as has been implemented in Israel and Singapore, provides an incentive for registration and has the potential to increase the pool of deceased donor organs. However, the implementation of a priority rule might allow for loopholes - as is the case in Israel - in which an individual can register to receive priority but avoid ever being in a position to donate organs. We experimentally investigate how such a loophole affects donation...
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作者：Casella, Alessandra; Palfrey, Thomas; Turban, Sebastien
作者单位：Columbia University; National Bureau of Economic Research; California Institute of Technology
摘要：Two groups of voters of known sizes disagree over a single binary decision to be taken by simple majority. Individuals have different, privately observed intensities of preferences and before voting can buy or sell votes among themselves for money. We study, theoretically and experimentally, the implication of such trading for outcomes and welfare when trades are coordinated by the two group leaders and when they take place anonymously in a competitive market. The theory has strong predictions...
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作者：Bettendorf, Leon J. H.; Folmer, Kees; Jongen, Egbert L. W.
摘要：We study the extension of an EITC for single mothers in the Netherlands to mothers with a youngest child 12 to 15 years of age. This reform increased the net income gain of moving into employment for the treatment group by 31%. Using both DD and RD we show that this reform had a negligible effect on labour participation, with tight confidence intervals around zero. Our results are at odds with a number of related studies. This finding may be due to our treatment group of single mothers of whic...
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作者：Aldashev, Gani; Marini, Marco; Verdier, Thierry
作者单位：University of Namur; Sapienza University Rome; Institut Polytechnique de Paris; Ecole des Ponts ParisTech; Centre for Economic Policy Research - UK
摘要：Mission-driven nonprofit organizations compete for donations through fundraising activities. Such competition can lead to inefficient outcomes, if nonprofits impose externalities on each others' output This paper studies the sustainability of fundraising coordination agreements, using a game-theoretic model of coalition formation. We show that three key characteristics determine the stability of cooperation between nonprofits: (i) the alliance formation rule, (ii) the extent to which fundraisi...
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作者：Clark, Robert L.; Morrill, Melinda Sandler; Vanderweide, David
作者单位：North Carolina State University; North Carolina State University
摘要：Studies examining pension distribution choices have found that the tendency of private-sector workers is to select lump sum distributions instead of life annuities resulting in leakage of retirement savings. In the public sector, defined benefit pensions usually offer lump sum distributions equal to employee contributions, not the present value of the annuity. Thus, for terminating employees that are younger or have shorter tenures, the lump sum distribution amount may exceed the present value...
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作者：Sobbrio, Francesco
作者单位：Catholic University of the Sacred Heart
摘要：This paper provides a model of the market for news where profit-maximizing media outlets choose their editors from a population of rational citizens. The analysis identifies a novel mechanism of media bias: the bias in a media outlet's news reports is the result of the slanted endogenous information acquisition strategy of its editor. In particular, the results show that the expected accuracy of news reports is lower the more ideological an editor is. Nevertheless, citizens find it optimal to ...
