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On the Buyability of Voting Bodies

On the Buyability of Voting Bodies »

Source: On the Buyability of Voting Bodies

Volume/Issue: 2007/165

Series: IMF Working Papers

Author(s): Felix Vardy , and John Morgan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2007

ISBN: 9781451867299

Keywords: Vote buying, lobbying, elections, voters, voting, voter, election,

We study vote buying by competing interest groups in a variety of electoral and contractual settings. While increasing the size of a voting body reduces its buyability in the absence of competition, we show that la...

Political Risk Aversion

Political Risk Aversion »

Source: Political Risk Aversion

Volume/Issue: 2009/194

Series: IMF Working Papers

Author(s): Laura Valderrama

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2009

ISBN: 9781451873412

Keywords: Individual uncertainty, Innovation, Dynamic voting, Institutional reform., new technology, technology choice, institutional reform, investors, expropriation, Criteria for Decision-Making under Risk and Uncertainty,

This paper studies the effect of individual uncertainty on collective decision-making to implement innovation. We show how individual uncertainty creates a bias for the status quo even under irreversible voting dec...

Rent Seeking

Rent Seeking »

Source: Rent Seeking

Volume/Issue: 2005/43

Series: IMF Working Papers

Author(s): Shankha Chakraborty , and Era Dabla-Norris

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2005

ISBN: 9781451860627

Keywords: probability, expropriation, equation, credit markets, increasing returns, Personal Income, Wealth, and Their Distributions, Models of Political Processes: Rent-seeking, Elections

This paper examines the relationship between rent seeking and economic performance when governments cannot enforce property rights. With imperfect credit markets and a fixed cost of rent seeking, only wealthy agent...

On the Buyability of Voting Bodies

On the Buyability of Voting Bodies »

Volume/Issue: 2007/165

Series: IMF Working Papers

Author(s): Felix Vardy , and John Morgan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2007

DOI: http://dx.doi.org/10.5089/9781451867299.001

ISBN: 9781451867299

Keywords: Vote buying, lobbying, elections, voters, voting, voter, election,

We study vote buying by competing interest groups in a variety of electoral and contractual settings. While increasing the size of a voting body reduces its buyability in the absence of competition, we show that la...

Political Risk Aversion

Political Risk Aversion »

Volume/Issue: 2009/194

Series: IMF Working Papers

Author(s): Laura Valderrama

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2009

DOI: http://dx.doi.org/10.5089/9781451873412.001

ISBN: 9781451873412

Keywords: Individual uncertainty, Innovation, Dynamic voting, Institutional reform., new technology, technology choice, institutional reform, investors, expropriation, Criteria for Decision-Making under Risk and Uncertainty,

This paper studies the effect of individual uncertainty on collective decision-making to implement innovation. We show how individual uncertainty creates a bias for the status quo even under irreversible voting dec...

Rent Seeking

Rent Seeking »

Volume/Issue: 2005/43

Series: IMF Working Papers

Author(s): Shankha Chakraborty , and Era Dabla-Norris

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2005

DOI: http://dx.doi.org/10.5089/9781451860627.001

ISBN: 9781451860627

Keywords: probability, expropriation, equation, credit markets, increasing returns, Personal Income, Wealth, and Their Distributions, Models of Political Processes: Rent-seeking, Elections

This paper examines the relationship between rent seeking and economic performance when governments cannot enforce property rights. With imperfect credit markets and a fixed cost of rent seeking, only wealthy agent...