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Theoretical comparisons of electoral systems

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  • Myerson, Roger B.

Abstract

Elements of an economic theory of political institutions are introduced. A variety of electoral systems are reviewed. Cox's threshold is shown to measure incentives for diversity and specialization of candidates' positions, when the number of serious candidates is given. Duverger's law and its generalizations are discussed, to predict the number of serious candidates. Duberger's law is interpreted as a statement about electoral barriers to entry, and this idea is linked to the question of the effectiveness of democratic competition as a deterrent to political corruption. The impact ofpost-electoral bargaining on the party structure in presidential and parliamentary systems is discussed.

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Bibliographic Info

Article provided by Elsevier in its journal European Economic Review.

Volume (Year): 43 (1999)
Issue (Month): 4-6 (April)
Pages: 671-697

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Handle: RePEc:eee:eecrev:v:43:y:1999:i:4-6:p:671-697

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  1. Alessandro Lizzeri & Nicola Persico, . ""The Provision of Public Goods Under Alternative Electoral Incentives''," CARESS Working Papres 98-08, University of Pennsylvania Center for Analytic Research and Economics in the Social Sciences.
  2. Myerson Roger B., 1993. "Effectiveness of Electoral Systems for Reducing Government Corruption: A Game-Theoretic Analysis," Games and Economic Behavior, Elsevier, vol. 5(1), pages 118-132, January.
  3. Roger B. Myerson, 2000. "Comparison of Scoring Rules in Poisson Voting Games," Econometric Society World Congress 2000 Contributed Papers 0686, Econometric Society.
  4. Daniel Diermeier & Roger B. Myerson, 1995. "Lobbying and Incentives for Legislative Organization," Discussion Papers 1134, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
  5. Roger B. Myerson & Robert J. Weber, 1988. "A Theory of Voting Equilibria," Discussion Papers 782, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
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