Redesigning Democracy: More Ideas for Better Rules
Preface -- Contents -- Part I Contractual Democracy -- 1 Introduction to Part I -- 1.1 A Metaphor? -- 1.2 Political Contract: Definition -- 1.3 Does Any Campaign Promise Qualify as Contract Matter? -- 1.4 Punishment and Rewards -- 1.5 Renegotiation -- Negative Effects -- 1.6 Retrospect and New Developments -- 1.7 Background -- References -- 2 Retrospect -- Competition of Politicians for Incentive Contracts -- 2.1 Background -- 2.2 Introduction -- 2.3 Model and Assumptions -- 2.4 Elections -- 2.5 Competition for the Incentive Contracts -- 2.6 Competition Without Commitment -- 2.7 Asymmetric Information -- 2.8 Discussion and Conclusion -- References -- 3 Vote-share Contracts Without Signaling of Competence -- 3.1 Background -- 3.2 Introduction -- 3.3 The Model -- 3.3.1 Agents -- 3.3.2 Policies -- 3.3.3 Utilities -- 3.3.4 Parameter Assumptions -- 3.3.5 The Overall Game -- 3.3.6 Assumptions and Equilibrium Concept -- 3.4 Elections Alone -- 3.4.1 The Second Period -- 3.4.2 The First Period -- 3.5 Vote-share Contracts -- 3.5.1 Vote-shares as Political Contracts -- 3.5.2 The Second and First Period -- 3.5.3 Competition for Vote-share Contracts and Welfare -- 3.6 Extensions and Ramifications -- 3.6.1 Incumbency Advantages -- 3.6.2 Ramifications and Applications -- 3.7 Conclusion -- References -- 4 Vote Thresholds With Signaling of Competence -- 4.1 Background -- 4.2 Introduction -- 4.3 The Model -- 4.3.1 Agents -- 4.3.2 Policies -- 4.3.3 Utilities -- 4.3.4 Parameter Assumptions -- 4.3.5 The Overall Game -- 4.3.6 Assumptions and Equilibrium Concept -- 4.4 Elections Alone -- 4.4.1 The Second Period -- 4.4.2 The First Period -- 4.5 Vote-share Thresholds -- 4.5.1 The First Period -- 4.5.2 Welfare Properties -- 4.5.3 Welfare Impact of Higher Vote Thresholds -- 4.5.4 Competition for Vote Thresholds -- 4.6 Extensions, Applications and Generalizations