5 The Second Utility Model – Centralized with Competition

2021 ◽  
pp. 59-79
Keyword(s):  
2021 ◽  
pp. 104346312199596
Author(s):  
François Facchini ◽  
Louis Jaeck

This article proposes a general model of partisan political dealignment based on the theory of expressive voting. It is based on the Riker and Odershook equation. Voters cast a ballot for a political party if the utility associated with expressing their support for it is more than their expressive costs. Expressive utility is modeled here as a certain utility model. Then, the model is applied to the rise of voting support in favor of French right-wing populists, the National Front (FN). We show that the fall of justification costs of FN ideology along with the decline in stigmatization costs of voting in favor of the extreme right has fostered the popularity of this party. Political dealignment here is only a particular case of a general process of political norms transgression inherited by each voter.


2019 ◽  
Vol 19 (1) ◽  
Author(s):  
Zhen Wang ◽  
Tomislav Vukina

Abstract In this paper, we investigate sorting patterns among chicken producers who are offered a menu of contracts to choose from. We show that the sorting equilibrium reveals a positive sorting where higher ability producers self-select themselves into contracts to grow larger chickens and lower ability types self-select themselves into contracts to grow smaller birds. We also show that eliciting this type of sorting behavior is profit maximizing for the principal. In the empirical part of the paper, we first estimate growers’ abilities using a two-way fixed effects model and subsequently use these estimated abilities to estimate a random utility model of contract choice. Our empirical results are supportive of the developed theory.


2009 ◽  
Vol 25 (1) ◽  
pp. 35-50 ◽  
Author(s):  
Daniel C. Vanderster ◽  
Nikitas J. Dimopoulos ◽  
Rafael Parra-Hernandez ◽  
Randall J. Sobie

2013 ◽  
Vol 325-326 ◽  
pp. 1249-1252
Author(s):  
Shi Yi

The utility model of early warning system for train operation detects and analysis all the information from the weather detection, photoelectric detection, vibration sensor and signal of the tracks comprehensively. It determines the position of the train by the weighted coefficients and controls the interval signal and locomotive signal accurately. This system should be barely affected by the weather conditions, the results detected by this system are reliable, and it can ensure the train operates safely.


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