Resource title

Winners and losers of early elections: on the welfare implications of political blockades and early elections

Resource image

image for OpenScout resource :: Winners and losers of early elections: on the welfare implications of political blockades and early elections

Resource description

We develop a dynamic model of political competition. Each party has a policymotivated ideological wing and an office-motivated opportunistic wing. A blockade arises if inner-party conflict stops policy implementation. We use this model to study whether early elections should be used to overcome a blockade. They have the advantage that urgent decisions are no longer delayed, and the disadvantage that unsuccessful governments gain additional time in office. This may give rise to a time inconsistency. Voters are in favour of a constitution without early elections. However, in the middle of a political crisis, they are willing to abandon it.

Resource author

Felix Bierbrauer, Lydia Mechtenberg

Resource publisher

Resource publish date

Resource language

eng

Resource content type

text/html

Resource resource URL

http://hdl.handle.net/10419/25314

Resource license

Adapt according to the presented license agreement and reference the original author.