Moderating Government
Francesco De Sinopoli,
Leo Ferraris () and
Giovanna Iannantuoni ()
Social Choice and Welfare, 2015, vol. 45, issue 2, 415-440
Abstract:
We consider a model where policy motivated citizens vote in two simultaneous elections, one for the President who is elected by majority rule, in a single national district, and one for the Congressmen, each of whom is elected by majority rule in a local district. The policy to be implemented depends not only on who is elected President but also on the composition of the Congress. We characterize the equilibria of the model using a conditional sincerity concept that takes into account the possibility that some voters may be simultaneously decisive in both elections. Such a concept emerges naturally in a model with trembles. A crucial feature of the solution is the moderation of Government. Our results are robust to several modifications of the model. Copyright Springer-Verlag Berlin Heidelberg 2015
Keywords: C72; D72 (search for similar items in EconPapers)
Date: 2015
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Working Paper: Moderating Government (2011) 
Working Paper: Moderating Government (2011) 
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sochwe:v:45:y:2015:i:2:p:415-440
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DOI: 10.1007/s00355-015-0901-8
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