Your money or your vote

Bombardini and Trebbi have a fascinating new NBER paper out looking at the market for votes (don't get arrest warrants issued though, it's all implicit: politics they call it).

The authors look at the US Congress and uncover a hump-shaped relationship between the number of votes an interest group's members represent and monetary donations by the group to the politician. In other words, it turns out that the most populous groups need not donate much to get a politician to do their bidding. More specialised concerns, on the other hand, have to make up for the shortfall in numbers with hard cash (which is in turn used to 'impress' susceptible voters):

The role played by special interest groups in shaping policy-making is hard to ignore. One simple reason is the considerable size of the amounts the special interest groups (SIGs) inject into the political system.

[...] since the probability of being (re-)elected ultimately depends on the number of votes a politician can attract, the legislator should take into account both the electoral strength of an interest group (i.e. the share of voting population it represents) and its contributing possibilities when deciding whether to support or not legislation in favor of such group.

The main contribution of the paper is to show that the number of voters represented by interest groups is an important variable in explaining the pattern of campaign contributions. The data indicate that an inverted-U shape describes the relationship between the share of voters represented by an interest group and the contributions to a legislator.

[...] we find that an additional vote costs a politician between 100 and 400 dollars depending on the district.

The theory is elegant (and convincing), and the empirics plausible. Advice to voters: with the dollar at record lows, datacharmer recommends you take the cash deal.

by datacharmer | Wednesday, January 16, 2008
  | | Your money or your vote @bluematterblogtwitter


  1. Tejvan Pettinger Says:

    How much would it cost for Politicians to be very quite and just say nice things about each other. I can't believe we have another 11 months to go (and I don't even live in US)


  2. Anonymous Says:


    視訊 影音視訊聊天室 視訊聊天室 視訊交友 視訊聊天 視訊美女 視訊辣妹 免費視訊聊天室

    色情遊戲 寄情築園小遊戲 情色文學 一葉情貼圖片區 情人視訊網 辣妹視訊 情色交友 成人論壇 情色論壇 愛情公寓 情色 舊情人 情色貼圖 色情聊天室 色情小說 做愛 做愛影片 性愛

    免費視訊聊天室 aio交友愛情館 愛情公寓 一葉情貼圖片區 情色貼圖 情色文學 色情聊天室 情色小說 情色電影 情色論壇 成人論壇 辣妹視訊 視訊聊天室 情色視訊 免費視訊 免費視訊聊天 視訊交友網 視訊聊天室 視訊美女 視訊交友 視訊交友90739 UT聊天室 聊天室 豆豆聊天室 尋夢園聊天室 聊天室尋夢園 080聊天室 080苗栗人聊天室 女同志聊天室 上班族聊天室 小高聊天室

    AV AV女優 自慰器 自慰器

    視訊 影音視訊聊天室 視訊交友

    網頁設計 網頁設計公司 最新消息 訪客留言 網站導覽