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Bundling (public Choice)
Bundling is a concept used for studying the selection of candidates for public office. A voter typically chooses a candidate (or party) for the legislature, rather than directly voting for specific policies. When doing so, the voter is essentially selecting among bundles of policies that a candidate or a party will enact if in power. Overview Occurring principally in republics, the electorate, rather than directly voting on each individual piece of proposed legislation, must choose a number of candidates (or parties) for the legislature. In so doing, they accept or reject each individual candidate or party and their "bundle" of positions on various issues. As there may be no candidate who perfectly reflects the views of an individual voter on all the issues of importance to him/her, each voter must prioritize what issues are most important and choose a candidate accordingly. Another form of bundling occurs in races where the candidate has a running mate who is elected on the same t ...
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Republic
A republic, based on the Latin phrase ''res publica'' ('public affair' or 'people's affair'), is a State (polity), state in which Power (social and political), political power rests with the public (people), typically through their Representative assembly, representatives—in contrast to a monarchy. Although a republic is most often a single sovereign state, subnational state entities that have governments that are republican in nature may be referred to as republics. Representation in a republic may or may not be freely elected by the general citizenry. In many historical republics, representation has been based on personal status and the role of elections has been limited. This remains true today; among the List of countries by system of government, 159 states that use ''republic'' in their official names , and other states formally constituted as republics, are states that narrowly constrain both the right of representation and the process of election. The term developed i ...
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Running Mate
A running mate is a person running together with another person on a joint ticket during an election. The term is most often used in reference to the person in the subordinate position (such as the vice presidential candidate running with a presidential candidate) but can also properly be used when referring to both candidates. Running mates may be chosen, by custom or by law, to balance the ticket geographically, ideologically, or personally; examples of such a custom for each of the criteria are, geographically, in Nigerian general elections, in which a presidential candidate from the predominantly Christian south is typically matched with a vice presidential candidate from the predominantly Muslim north, and vice versa, ideologically, the Brazilian general elections in 2010 and 2014, where Dilma Rousseff of the left-wing Workers' Party ran alongside Michel Temer of the center-right Brazilian Democratic Movement Party, and, personally, the 2016 Bulgarian presidential ...
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Public Choice Theory
Public choice, or public choice theory, is "the use of economic tools to deal with traditional problems of political science." Gordon Tullock, 9872008, "public choice," '' The New Palgrave Dictionary of Economics''. . It includes the study of political behavior. In political science, it is the subset of positive political theory that studies self-interested agents (voters, politicians, bureaucrats) and their interactions, which can be represented in a number of ways—using (for example) standard constrained utility maximization, game theory, or decision theory. It is the origin and intellectual foundation of contemporary work in political economics.Alberto Alesina, Torsten Persson, Guido Tabellini, 2006. “Reply to Blankart and Koester's Political Economics versus Public Choice Two Views of Political Economy in Competition,” Kyklos, 59(2), pp. 201–208 In popular use, "public choice" is often used as a shorthand for components of modern public choice theory that focus o ...
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Product Bundling
In marketing, product bundling is offering several products or services for sale as one combined product or service package. It is a common feature in many imperfectly competitive product and service markets. Industries engaged in the practice include telecommunications services, financial services, health care, information, and consumer electronics. A software bundle might include a word processor, spreadsheet, and presentation program into a single office suite. The cable television industry often bundles many TV and movie channels into a single tier or package. The fast food industry combines separate food items into a " combo meal" or "value meal". A bundle of products may be called a package deal; in recorded music or video games, a compilation or box set; or in publishing, an anthology. Product bundling is most suitable for high volume and high margin (i.e., low marginal cost) products. Research by Yannis Bakos and Erik Brynjolfsson found that bundling was particula ...
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Party-list Proportional Representation
Party-list proportional representation (list-PR) is a system of proportional representation based on preregistered Political party, political parties, with each party being Apportionment (politics), allocated a certain number of seats Apportionment (politics), roughly proportional to their share of the vote. In these systems, parties provide lists of candidates to be elected, or candidates may declare their affiliation with a political party (in some open-list systems). Seats are distributed by election authorities to each party, in proportion to the number of votes the party receives. Voters may cast votes for parties, as in Spain, Turkey, and Israel (Closed list, closed lists); or for candidates whose vote totals are pooled together to parties, as in Finland, Brazil, and the Netherlands (mixed single vote or panachage). Voting In most party list systems, a voter will only support one party (a Choose-one voting, choose-one ballot). Open list systems may allow voters to suppor ...
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Closed List
Closed list describes the variant of party-list systems where voters can effectively vote for only political parties as a whole; thus they have no influence on the party-supplied order in which party candidates are elected. If voters had some influence, that would be called an open list. Closed list systems are still commonly used in party-list proportional representation, and most mixed electoral systems also use closed lists in their party list component. Many countries, however have changed their electoral systems to use open lists to incorporate personalised representation to their proportional systems. In closed list systems, each political party has pre-decided who will receive the seats allocated to that party in the elections, so that the candidates positioned highest on this list tend to always get a seat in the parliament while the candidates positioned very low on the closed list will not. However, the candidates "at the water mark" of a given party are in the positi ...
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Inelastic Demand
A good's price elasticity of demand (E_d, PED) is a measure of how sensitive the quantity demanded is to its price. When the price rises, quantity demanded falls for almost any good (law of demand), but it falls more for some than for others. The price elasticity gives the percentage change in quantity demanded when there is a one percent increase in price, holding everything else constant. If the elasticity is −2, that means a one percent price rise leads to a two percent decline in quantity demanded. Other elasticities measure how the quantity demanded changes with other variables (e.g. the income elasticity of demand for consumer income changes). Price elasticities are negative except in special cases. If a good is said to have an elasticity of 2, it almost always means that the good has an elasticity of −2 according to the formal definition. The phrase "more elastic" means that a good's elasticity has greater magnitude, ignoring the sign. Veblen and Giffen goods are two ...
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Bundling Of Donations
The financing of electoral campaigns in the United States happens at the federal, state, and local levels by contributions from individuals, corporations, political action committees, and sometimes the government. Campaign spending has risen steadily at least since 1990. For example, a candidate who won an election to the U.S. House of Representatives in 1990 spent on average $407,600 while the winner in 2022 spent on average $2.79 million ($.00 million in ); in the Senate, average spending for winning candidates went from $3.87 million ($ million in ) to $26.53 million ($ million in ). In 2020, nearly $14 billion was spent on federal election campaigns in the United States — "making it the most expensive campaign in U.S. history", "more than double" what was spent in the 2016 election. Critics assert that following a number of Supreme Court decisions — '' Citizens United v. FEC'' (2010) in particular—the "very wealthy" are now allowed to spend unlimited amounts on c ...
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Autonomism
Autonomism or ''autonomismo'', also known as autonomist Marxism or autonomous Marxism, is an anti-capitalist social movement and Marxist-based theoretical current that first emerged in Italy in the 1960s from workerism (). Later, post-Marxist and anarchist tendencies became significant, after influence from the Situationists, the failure of Italian far-left movements in the 1970s, and the emergence of a number of important theorists including Antonio Negri, who had contributed to the 1969 founding of Potere Operaio, as well as Mario Tronti, Paolo Virno, and Franco Berardi. George Katsiaficas summarizes the forms of autonomous movements by saying that " contrast to the centralized decisions and hierarchical authority structures of modern institutions, autonomous social movements involve people directly in decisions affecting their everyday lives, seeking to expand democracy and help individuals break free of political structures and behavior patterns imposed from the ou ...
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Corporative Federalism
Corporative federalism is a system of federalism not based on the common federalist idea of relative land area or nearest spheres of influence for governance, but on fiduciary jurisdiction to corporate personhood in which groups that are considered incorporated members of their own prerogative structure by willed agreement can delegate their individual effective legislature within the overall government. The Austro-Hungarian Empire had a version of corporative federalism and gave its number of different ethnicities their own individual rights within their own assemblies instead of by relation to the territory of the empire.Linguististic Policy in Europe. (© OneEurope Magazine III/94)
Part of corporative federalism's philosophical underpinnings as a form of jurisdiction rests within the ausp ...
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Consociationalism
Consociationalism ( ) is a form of democratic power sharing. Political scientists define a consociational state as one which has major internal divisions along ethnic, religious, or linguistic lines, but which remains stable due to consultation among the elites of these groups. Consociational states are often contrasted with states with majoritarian electoral systems. The goals of consociationalism are governmental stability, the survival of the power-sharing arrangements, the survival of democracy, and the avoidance of violence. When consociationalism is organised along religious confessional lines, as in Lebanon, it is known as confessionalism. Consociationalism is sometimes seen as analogous to corporatism. Some scholars consider consociationalism a form of corporatism. Others claim that economic corporatism was designed to regulate class conflict, while consociationalism developed on the basis of reconciling societal fragmentation along ethnic and religious lines. Concurr ...
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Multicameralism
In contrast to unicameralism, and bicameralism, multicameralism is the condition in which a legislature is divided into more than two deliberative assemblies, which are commonly called "chambers" or "houses". This usually includes tricameralism with three chambers, but can also describe a system with any amount more. The word "multicameral" can also relate in other ways to its literal meaning of "many chambered" with use in science or biology. Prevalence Approximately half of the world's sovereign states are unicameral, and newer democracies and more recent constitutions are more often unicameral than not. More specifically many countries have switched to unicameralism whereas the opposite is rare. Nevertheless, many current parliaments and congresses still have a multicameral (usually bicameral) structure, which some claim provides multiple perspectives and a form of separation of powers within the legislature. History Many societies in medieval Europe had quasi-legisla ...
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