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Analysis of Democratic Institutions: Structure, Conduct and Performance

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  • Roger B. Myerson

Abstract

This paper develops an economic perspective on political theory as a guide to some problems and directions of current research. The electoral system and the allocation of powers to elected offices together define the game that politicians play. So democratic structures should be compared and evaluated by analyzing game models to see how equilibrium behavior of political agents may depend on the structure of the political system. The goal of such research is to predict how the conduct of politicians and the performance of government may depend on the incentives created by the structure of the political system.

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File URL: http://www.aeaweb.org/articles.php?doi=10.1257/jep.9.1.77
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Bibliographic Info

Article provided by American Economic Association in its journal Journal of Economic Perspectives.

Volume (Year): 9 (1995)
Issue (Month): 1 (Winter)
Pages: 77-89

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Handle: RePEc:aea:jecper:v:9:y:1995:i:1:p:77-89

Note: DOI: 10.1257/jep.9.1.77
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References

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  1. Erik van Damme & Reinhard Selten & Eyal Winter, 1989. "Alternating Bid Bargaining with a Smallest Money Unit," Discussion Paper Serie A 253, University of Bonn, Germany.
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Cited by:
  1. Casey B. Mulligan & Ricard Gil & Xavier Sala-i-Martin, 2004. "Do Democracies Have Different Public Policies than Nondemocracies?," Journal of Economic Perspectives, American Economic Association, vol. 18(1), pages 51-74, Winter.
  2. Ossokina, Ioulia V. & Swank, Otto H., 2004. "The optimal degree of polarization," European Journal of Political Economy, Elsevier, vol. 20(1), pages 255-262, March.
  3. Roger B. Myerson, 1996. "Economic Analysis of Political Institutions: An Introduction," Discussion Papers 1155, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
  4. Hortala-Vallve, Rafael & Esteve-Volart, Berta, 2011. "Voter turnout and electoral competition in a multidimensional policy space," European Journal of Political Economy, Elsevier, vol. 27(2), pages 376-384, June.
  5. Geoffrey Brennan & Alan Hamlin, 1998. "Expressive voting and electoral equilibrium," Public Choice, Springer, vol. 95(1), pages 149-175, April.
  6. Neugart, Michael, 2005. "Unemployment insurance: The role of electoral systems and regional labour markets," European Journal of Political Economy, Elsevier, vol. 21(4), pages 815-829, December.
  7. Cusack, Thomas R., 1997. "Social capital, institutional structures, and democratic performance: a comparative study of German local governments," Discussion Papers, Research Unit: Institutions and Social Change FS III 97-201, Social Science Research Center Berlin (WZB).
  8. Daron Acemoglu, 2005. "Politics and Economics in Weak and Strong States," NBER Working Papers 11275, National Bureau of Economic Research, Inc.
  9. Acemoglu, Daron, 2003. "Why not a political Coase theorem? Social conflict, commitment, and politics," Journal of Comparative Economics, Elsevier, vol. 31(4), pages 620-652, December.
  10. Tridimas, George, 2011. "The political economy of power-sharing," European Journal of Political Economy, Elsevier, vol. 27(2), pages 328-342, June.
  11. repec:dgr:uvatin:2004035 is not listed on IDEAS
  12. Stephen Ansolabehere & Jonathan Rodden & James M. Snyder Jr., 2006. "Purple America," Journal of Economic Perspectives, American Economic Association, vol. 20(2), pages 97-118, Spring.

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