search query: @indexterm PUBLIC CHOICE / total: 34
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| Author: | Artale, Angelo Grüner, Hans Peter |
| Title: | A model of stability and persistence in a democracy |
| Journal: | Games and Economic Behavior
2000 : OCT, VOL. 33:1, p. 20-40 |
| Index terms: | DEMOCRACY POLITICS PUBLIC CHOICE |
| Language: | eng |
| Abstract: | An intertemporal model of political competition is developed. The model accounts for three stylized facts of political life in representative democracies: political stability and the absence of discrimination, a limited degree of political competition, and the persistence of different political outcomes in otherwise similar economies. In the model political stability is desirable for risk-averse voters, who only vote for "decent" policy proposals which do not discriminate against single groups. |
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