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On the Buyability of Voting Bodies / Felix Vardy, John Morgan.

IMF eLibrary Available online

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Format:
Book
Government document
Author/Creator:
Vardy, Felix.
Contributor:
Morgan, John.
IMF Institute.
International Monetary Fund.
Series:
IMF Working Papers; Working Paper ; No. 2007/165
IMF Working Papers
Language:
English
Subjects (All):
Voting research.
Elections--Corrupt practices.
Elections.
Lobbying.
Pressure groups.
Physical Description:
1 online resource (34 p.)
Place of Publication:
Washington, D.C. : International Monetary Fund, 2007.
Language Note:
English
Summary:
We study vote buying by competing interest groups in a variety of electoral and contractual settings. While increasing the size of a voting body reduces its buyability in the absence of competition, we show that larger voting bodies may be more buyable than smaller voting bodies when interest groups compete. In contrast, imposing the secret ballot---which we model as forcing interest groups to contract on outcomes rather than votes---is an effective way to fight vote buying in the presence of competition, but much less so in its absence. We also study more sophisticated vote buying contracts. We show that, regardless of competition, the option to contract on both votes and outcomes is worthless, as it does not affect buyability as compared to contracting only on votes. In contrast, when interest groups can contract on votes and vote shares, we show that voting bodies are uniquely at risk of being bought.
Contents:
Contents; I. Introduction; II. The Model; III. Preliminaries; IV. Policy Responses to Vote Buying; A. The Size of the Voting Body; Figures; 1. Cost of Discriminatory Vote Buying as a Function of n; B. The Secret Ballot; V. Complexity; A. Contracting on Votes and Outcomes; B. Contracting on Votes and Vote Shares; C. Non-Discriminatory Vote Buying; 2. Cheap Discriminatory Vote Buying; VI. Related Literature; 3. Cheap Non-Discriminatory Vote Buying; VII. Conclusions; References; Appendices; 1. Proofs of Propositions; 2. Rationing
Notes:
"July 2007."
Includes bibliographical references (p. 26-27).
Description based on print version record.
ISBN:
9786613822086
9781462303359
1462303358
9781452795522
1452795525
9781282542129
1282542125
9781451911824
1451911823

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