Moderating Government
We consider a model where policy motivated citizens vote in two simultaneous elections, one for the President who is elected by majority rule, in a single national district, and one for the Congressmen, each of whom is elected by majority rule in a local district. The policy to be implemented depends not only on who is elected President but also on the composition of the Congress. We characterize the equilibria of the model using a conditional sincerity concept that takes into account the possibility that some voters may be simultaneously decisive in both elections. Such a concept emerges naturally in a model with trembles. A crucial feature of the solution is the moderation of Government.
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| Length: | 30 |
| Date of creation: | Jun 2011 |
| Handle: | RePEc:ver:wpaper:09/2011 |
| Contact details of provider: | Postal: Via Cantarane, 24 - I-37129 Verona Phone: +39 045 802 8095 Fax: +39 045 802 8529 Web page: http://www.dse.univr.it Email: More information through EDIRC
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- Alesina, Alberto & Rosenthal, Howard, 1996. "A Theory of Divided Government," Econometrica, Econometric Society, vol. 64(6), pages 1311-1341, November.
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