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The Spatial Model of Politics

Author : Norman Schofield
Publisher : Routledge
Page : 269 pages
File Size : 16,10 MB
Release : 2007-12-21
Category : Business & Economics
ISBN : 1134357397

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Using unique and cutting-edge research, Schofield a prominent author in the US for a number of years, explores the growth area of positive political economy within economics and politics. The first book to explain the spatial model of voting from a mathematical, economics and game-theory perspective it is essential reading for all those studying positive political economy.

Social Choice and Strategic Decisions

Author : David Austen-Smith
Publisher : Springer Science & Business Media
Page : 332 pages
File Size : 45,24 MB
Release : 2006-03-30
Category : Business & Economics
ISBN : 354027295X

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Social choices, about expenditures on government programs, or about public policy more broadly, or indeed from any conceivable set of alternatives, are determined by politics. This book is a collection of essays that tie together the fields spanned by Jeffrey S. Banks' research on this subject. It examines the strategic aspects of political decision-making, including the choices of voters in committees, the positioning of candidates in electoral campaigns, and the behavior of parties in legislatures. The chapters of this book contribute to the theory of voting with incomplete information, to the literature on Downsian and probabilistic voting models of elections, to the theory of social choice in distributive environments, and to the theory of optimal dynamic decision-making. The essays employ a spectrum of research methods, from game-theoretic analysis, to empirical investigation, to experimental testing.

The Oxford Handbook of Public Choice

Author : Roger D. Congleton
Publisher : Oxford Handbooks
Page : 985 pages
File Size : 43,92 MB
Release : 2019-01-08
Category : Business & Economics
ISBN : 0190469730

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"This two-volume collection provides a comprehensive overview of the past seventy years of public choice research, written by experts in the fields surveyed. The individual chapters are more than simple surveys, but provide readers with both a sense of the progress made and puzzles that remain. Most are written with upper level undergraduate and graduate students in economics and political science in mind, but many are completely accessible to non-expert readers who are interested in Public Choice research. The two-volume set will be of broad interest to social scientists, policy analysts, and historians"--

Third Party Candidates and Sophisticated Voters

Author : Sungdai Cho
Publisher :
Page : 434 pages
File Size : 16,19 MB
Release : 1999
Category : Presidents
ISBN :

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This dissertation examines three important questions with regard to third party or independent candidates in American presidential elections. First, this dissertation tests standard theories of American voting behavior when citizens have a third option to exit from the two-party system. In particular, the spatial theory of electoral competition provides a useful guidelines and hypotheses. In the context of American presidential elections, this research posits that the effects of ideology and issues are largely dependent upon perceived spatial positions of third party candidates. The empirical evidence suggests that when the ideological position of a third party candidate is extreme, e.g., Wallace's perceived placement in 1968, the effect of the ideological distance is relatively large and the vote choice model explains a significant portion of the probability of voter choice of each candidate. In contrast when a third party candidate reveals a centrist tendency, e.g., Perot's perceived placement in 1992 or 1996, the effect of the ideological distance is substantially reduced. The empirical evidence also adds a more weight to these findings in that voters are more heavily influenced by nonpolicy factors such as partisanship, candidate personal qualities, and economic evaluations in the latter type of election. The second research question is related to the electoral strength of third party candidates. The empirical evidence suggests that voters' disaffection from the current two-party system is a key element of the third party success. Nonetheless, this paper finds that the substitutability of third party candidates, e.g., policy innovations and high quality candidacies, should be regarded as a more important source of third parties' electoral strength. The third research area investigates the electoral weakness of third party candidates. Extending Duverger's psychological effect, this paper examines the wasted vote argument or strategic voting among third party supporters in multicandidate American presidential elections. The statistical analysis finds that voters behave so as to maximize expected utility. The empirical evidence confirms that the net difference in expected utility between the first and second preferences significantly influences voters' sophisticated calculus of strategic choice. Overall, this research contributes to the existing knowledge of American voting behavior by providing in-depth analysis of electoral dynamics introduced by third party candidates. The theoretical framework as well as the empirical analysis suggests that a spatial model of multicandidate elections deserves further examination.

The Oxford Handbook of Political Economy

Author : Barry R. Weingast
Publisher : Oxford University Press
Page : pages
File Size : 28,51 MB
Release : 2008-06-20
Category : Political Science
ISBN : 0191563404

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Over its long lifetime, "political economy" has had many different meanings: the science of managing the resources of a nation so as to provide wealth to its inhabitants for Adam Smith; the study of how the ownership of the means of production influenced historical processes for Marx; the study of the inter-relationship between economics and politics for some twentieth-century commentators; and for others, a methodology emphasizing individual rationality (the economic or "public choice" approach) or institutional adaptation (the sociological version). This Handbook views political economy as a grand (if imperfect) synthesis of these various strands, treating political economy as the methodology of economics applied to the analysis of political behavior and institutions. This Handbook surveys the field of political economy, with 58 chapters ranging from micro to macro, national to international, institutional to behavioral, methodological to substantive. Chapters on social choice, constitutional theory, and public economics are set alongside ones on voters, parties and pressure groups, macroeconomics and politics, capitalism and democracy, and international political economy and international conflict.

Leadership or Chaos

Author : Norman Schofield
Publisher : Springer Science & Business Media
Page : 476 pages
File Size : 40,90 MB
Release : 2011-08-03
Category : Political Science
ISBN : 3642195164

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Combining elements of economic reasoning and political science has proven to be very useful for understanding the broad variation in economic development around the world. In a sense research in this field goes back to the Scottish Enlightenment and Adam Smith’s original plan in his Theory of Moral Sentiments and Wealth of Nations. Leadership or Chaos by Norman Schofield and Maria Gallego is intended as an advanced, self-contained text in political economy dealing with social choice. The theory and empirical analysis are used to examine democratic institutions and elections in the developed world, and the success or failure of moves to democratization in the less developed world. The book closes with a consideration of current quandaries with regard to political and economic stability and climate change and a discussion of the moral foundations of our society.

The Handbook of Experimental Economics, Volume 2

Author : John H. Kagel
Publisher : Princeton University Press
Page : 770 pages
File Size : 41,91 MB
Release : 2020-05-26
Category : Business & Economics
ISBN : 0691202745

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An indispensable survey of new developments and results in experimental economics When The Handbook of Experimental Economics first came out in 1995, the notion of economists conducting lab experiments to generate data was relatively new. Since then, the field has exploded. This second volume of the Handbook covers some of the most exciting new growth areas in experimental economics, presents the latest results and experimental methods, and identifies promising new directions for future research. Featuring contributions by leading practitioners, the Handbook describes experiments in macroeconomics, charitable giving, neuroeconomics, other-regarding preferences, market design, political economy, subject population effects, gender effects, auctions, and learning and the economics of small decisions. Contributors focus on key developments and report on experiments, highlighting the dialogue between experimenters and theorists. While most of the experiments consist of laboratory studies, the book also includes several chapters that report extensively on field experiments related to the subject area studied. Covers exciting new growth areas in experimental economics Features contributions by leading experts Describes experiments in macroeconomics, charitable giving, neuroeconomics, market design, political economy, gender effects, auctions, and more Highlights the dialogue by experimenters with theorists and each other Includes several chapters covering field experiments related to the subject area studied

Political Economy of Institutions, Democracy and Voting

Author : Norman Schofield
Publisher : Springer Science & Business Media
Page : 426 pages
File Size : 40,84 MB
Release : 2011-06-11
Category : Political Science
ISBN : 3642195199

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This book presents the latest research in the field of Political Economy, dealing with the integration of economics and politics and the way institutions affect social decisions. The authors are eminent scholars from the U.S., Canada, Britain, Spain, Italy, Mexico and the Philippines. Many of them have been influenced by Nobel laureate Douglass North, who pioneered the new institutional social sciences, or by William H. Riker who contributed to the field of positive political theory. The book focuses on topics such as: case studies in institutional analysis; research on war and the formation of states; the analysis of corruption; new techniques for analyzing elections, involving game theory and empirical methods; comparing elections under plurality and proportional rule, and in developed and new democracies.

The New Palgrave Dictionary of Economics

Author :
Publisher : Springer
Page : 7493 pages
File Size : 21,34 MB
Release : 2016-05-18
Category : Law
ISBN : 1349588024

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The award-winning The New Palgrave Dictionary of Economics, 2nd edition is now available as a dynamic online resource. Consisting of over 1,900 articles written by leading figures in the field including Nobel prize winners, this is the definitive scholarly reference work for a new generation of economists. Regularly updated! This product is a subscription based product.