G2TT
来源类型Discussion paper
规范类型论文
来源IDDP2881
DP2881 How to Sell a (Bankrupt) Company?
Leonardo Felli; Francesca Cornelli
发表日期2001-07-09
出版年2001
语种英语
摘要Much of the analysis of campaign contributions, in accordance with the Downsian model, has supposed that candidates seek contributions for electoral purposes. This paper takes the opposite approach, by assuming that each candidate aims to maximize the contributions he collects. We let a citizen contribute to a candidate with the aim of increasing that candidate's chances of winning. These assumptions generate several plausible results: in equilibrium citizens make campaign contributions; the positions the candidates adopt differ; the willingness of the rich to make larger contributions than the poor moves the candidates to adopt positions the wealthy prefer. A cap on political contributions reduces spending by voters, but also increases the divergence in the platforms adopted by the candidates. If some voters are richer than others, a cap will benefit the poor and hurt the rich, although the overall welfare implications are ambiguous.
主题Public Economics
关键词Elections Political contributions Voting
URLhttps://cepr.org/publications/dp2881
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/531925
推荐引用方式
GB/T 7714
Leonardo Felli,Francesca Cornelli. DP2881 How to Sell a (Bankrupt) Company?. 2001.
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