Party Competition under Private and Public Financing: A Comparison of Institutions

2006 ◽  
Vol 6 (1) ◽  
Author(s):  
John E Roemer

We propose a theory of party competition (two parties, single-issue) where citizens acquire party membership by contributing money to a party, and where a member’s influence on the policy taken by her party is proportional to her campaign contribution. The polity consists of informed and uninformed voters: only informed voters join parties, and the party campaign chest, the sum of its received contributions, is used to reach uninformed voters through advertising. A party is a cooperative organization of its members. Parties compete with each other strategically with respect to policy choice and advertising. We propose a definition of political equilibrium, in which party membership, citizen contributions, and parties’ policies are simultaneously determined, for each of four financing institutions, running the gamut between a purely private, unconstrained system, to a public system in which all citizens have equal financial input. Equilibria under these institutions are computed by simulation for an example. The representation and welfare properties of these four institutions are compared from these simulations.

Examples of the value that can be created and captured through crowdsourcing go back to at least 1714, when the UK used crowdsourcing to solve the Longitude Problem, obtaining a solution that would enable the UK to become the dominant maritime force of its time. Today, Wikipedia uses crowds to provide entries for the world’s largest and free encyclopedia. Partly fueled by the value that can be created and captured through crowdsourcing, interest in researching the phenomenon has been remarkable. For example, the Best Paper Awards in 2012 for a record-setting three journals—the Academy of Management Review, Journal of Product Innovation Management, and Academy of Management Perspectives—were about crowdsourcing. In spite of the interest in crowdsourcing—or perhaps because of it—research on the phenomenon has been conducted in different research silos within the fields of management (from strategy to finance to operations to information systems), biology, communications, computer science, economics, political science, among others. In these silos, crowdsourcing takes names such as broadcast search, innovation tournaments, crowdfunding, community innovation, distributed innovation, collective intelligence, open source, crowdpower, and even open innovation. The book aims to assemble papers from as many of these silos as possible since the ultimate potential of crowdsourcing research is likely to be attained only by bridging them. The papers provide a systematic overview of the research on crowdsourcing from different fields based on a more encompassing definition of the concept, its difference for innovation, and its value for both the private and public sectors.


Author(s):  
Anna Mahtani

Abstract The ex ante Pareto principle has an intuitive pull, and it has been a principle of central importance since Harsanyi’s defence of utilitarianism (to be found in e.g. Harsanyi, Rational behaviour and bargaining equilibrium in games and social situations. CUP, Cambridge, 1977). The principle has been used to criticize and refine a range of positions in welfare economics, including egalitarianism and prioritarianism. But this principle faces a serious problem. I have argued elsewhere (Mahtani, J Philos 114(6):303-323 2017) that the concept of ex ante Pareto superiority is not well defined, because its application in a choice situation concerning a fixed population can depend on how the members of that population are designated. I show in this paper that in almost all cases of policy choice, there will be numerous sets of rival designators for the same fixed population. I explore two ways that we might complete the definition of ex ante Pareto superiority. I call these the ‘supervaluationist’ reading and the ‘subvaluationist’ reading. I reject the subvaluationist reading as uncharitable, and argue that the supervaluationist reading is the most promising interpretation of the ex ante Pareto principle. I end by exploring some of the implications of this principle for prioritarianism and egalitarianism.


2017 ◽  
Vol 13 (4) ◽  
pp. 815-827 ◽  
Author(s):  
BENITO ARRUÑADA

AbstractInspired by comments made by Allen (2017), Lueck (2017), Ménard (2017) and Smith (2017), this response clarifies and deepens the analysis in Arruñada (2017a). Its main argument is that to deal with the complexity of property we must abstract secondary elements, such as the physical dimensions of some types of assets, and focus on the interaction between transactions. This sequential-exchange framework captures the main problem of property in the current environment of impersonal markets. It also provides criteria to compare private and public ordering, as well as to organize public solutions that enable new forms of private ordering. The analysis applies the lessons in Coase (1960) to property by not only comparing realities but also maintaining his separate definition of property rights and transaction costs. However, it replaces his contractual, single-exchange, framework for one in which contracts interact, causing exchange externalities.


Author(s):  
I. V. Ershova ◽  
E. V. Trofimova

The article reveals the content and outlines approaches to the definition of the legal nature of mining. Attention is drawn to the necessity of legal regulation of this activity, which is predetermined by the Federal Program «Digital Economy of the Russian Federation» — a project that provides for normative regulation of the digital environment. In order to support the mission to eliminate digital illiteracy, which is also envisaged in the National Program, the author elucidates the etymology and meaning of the term «mining» and considers various doctrinal interpretations of this concept. The paper presents such analogies of the blochchain technology as the public ledger, DNA, and a layer-cake for a better understanding of the blockchain technology that is associated with mining. Material-technical and organizational foundations of mining are revealed. The author demonstrates advantages and disadvantages of solo mining, pool mining, and cloud mining. The results of comparative monitoring of the attitude to the recognition of cryptocurrency as a means of payment are presented. Attention is drawn to the liberal legal regulation of blockchain technology and mining under the laws of the Republic of Belarus. The paper determines the stages of a law-making process aimed at legal support of mining in Russia. Based on the results of comparison of concepts of entrepreneurial activity and mining, it is concluded that mining represents one of new types of entrepreneurship brought to life due to the needs of digital economy. The author suggests thatmining participants be recognized as self-employed persons. It is noted that the entrepreneurial nature of mining arises questions concerning measures of its state regulation which is difficult within the framework of the existing paradigm, but should be built on the basis of a balance between private and public interests.


Another Haul ◽  
2019 ◽  
pp. 29-56
Author(s):  
Charlie Groth

This chapter is the first of four chapters that set up a folk narrative typography: Big Stories; character anecdotes; microlegends; and everyday storying. It begins with a definition of “Big Stories” and its relationship to “myth” and “theme.” The chapter overviews the thematic content of the Big Stories at work on Lewis Island: tradition, environment, civility and community (including sharing the island), springtime, and the island as a sacred, spiritual place. It also covers how big stories are told in different situations during fishing, on the island, and at other times and places, including through the media. Some telling is not only performed, but also enacted: for example, through the sales method which redistributes fish equitably; in hosting visitors to watch fireworks on the river, and other ways which sharing the island rides the line between private and public property. Chapter 2 also discusses how these stories overlap and intertwine.


Author(s):  
Santosh Khadka

Facebook, like any other social networking site, troubles the traditional categories of private and public spheres. As it complicates (and transcends) the distinction, it can be called a different space, or a liminal space, which falls somewhere in-between private and public spheres. The author argues that this recognition of Facebook as a liminal sphere has important implications to the (re) definition of public and private spheres and to the ways rhetoric should work or be used in the Web 2.0 sites like Facebook. The author also proposes that Michael de Certeau's notions of “strategy” and “tactics” can be powerful rhetorical tools to deal with Facebook's liminality and to enhance the rhetorical performance of self in Facebook and other similar new media forums.


Author(s):  
Bumke Christian ◽  
Voßkuhle Andreas

This chapter considers the relevant provisions of Art. 21 of the Grundgesetz (GG) with regard to political parties. Art. 21 GG does not define the term ‘political party’ and provides only a description of its function, which is ‘to participate in the formation of the political will of the people’. There are two conceptions of political party in the literature: the model of the ‘party state’ and the model of ‘party competition’. Political parties display the elements described in both models. The chapter first examines the Federal Constitutional Court's jurisprudence concerning the definition of ‘party’ before discussing the constitutional freedom to found and organise parties, prohibition of parties, competition between political parties and equality of opportunity among parties, and party financing (private financing and state financing).


1988 ◽  
Vol 9 (1) ◽  
pp. 31-51 ◽  
Author(s):  
Bradley T. Lepper

A survey of private and public collections produced information on 410 fluted point yielding localities within a single county in east central Ohio. Analysis of techno-functional attributes of the fluted points resulted in the definition of four general settlement types including large and small workshop/occupations, chert processing loci, and food procurement/processing loci. The distribution of these loci in relation to various features of the local paleoenvironment suggests that Paleo-Indian bands were seasonally exploiting the diverse environments of the Appalachian Plateau. Subsistence activities appear to have focused primarily on dispersed, non-aggregated game species such as white-tailed deer. The dense concentration of fluted points here may simply reflect the high redundancy in the Paleo-Indian land use system in areas with limited loci of availability for critical chert resources.


Author(s):  
Camilo Argibay ◽  
Rafaël Cos ◽  
Anne-Cécile Douillet

This chapter examines the role played by political parties and think tanks in the development of policy analysis in France. It shows how party-based policy analysis is interwoven with inter and intra-party competition related to the objective of seeking office. Indeed, even though policy seeking activities do not look central in the functioning of French political parties, developments in party rationales, like those in the profile of governing parties’ elites, are favourable to intensifying interest in policy issues. Political parties’ professionalization nonetheless appears to have a marked effect on their internal production of public policy expertise: party membership is marginalised while the electoral issues and internal competition have a structuring impact. Lastly, analysis of public policy expertise production shows that it is mainly done in the vicinity of party organisations, due to the significant recourse to experts outside of parties and the role of think tanks.


2015 ◽  
Vol 60 (05) ◽  
pp. 1550055
Author(s):  
SELIM JÜRGEN ERGUN

I analyze a model of electoral competition in which candidates’ need of credibility restricts their policy choice to a subset of the policy space, their ideology set. I focus on three party competition where candidates care about winning and their share of votes. I show that centrist parties are highly disadvantaged compared to leftist and rightist ones losing the election under a wide range of parameters. I also show that centrist parties’ winning opportunities increase under a run-off system.


Sign in / Sign up

Export Citation Format

Share Document