January 2006

Quarterly Journal of Political Science (QJPS) | January 1, 2006

A General Bargaining Model of Legislative Policy-making

AbstractWe present a general model of legislative bargaining in which the status quo is an arbitrary point in a multidimensional policy space. In contrast to other bargaining models, the status…

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Quarterly Journal of Political Science (QJPS) | January 1, 2006

Federalism and Incentives for Success of Democracy

AbstractSuccess and failure of democracy are interpreted as different equilibria of a dynamic political game with cost of changing leadership and incomplete information about politicians' virtue. Unitary democracy can be…

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Quarterly Journal of Political Science (QJPS) | January 1, 2006

Polls and Pounds: Public Opinion and Exchange Rate Behavior in Britain

AbstractThis article examines the relationship between government popularity and exchange rate movements in Britain since 1987. It argues that: (1) unexpected drops in the government's public support lead to currency…

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Quarterly Journal of Political Science (QJPS) | January 1, 2006

Path Dependence

Abstract I eat my peas with honey. I've done it all my life. It makes 'em taste quite funny, but it keeps them on the knife. – an old Bostonian…

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