Even if it is not bribery: The case for campaign finance reform

Journal of Law, Economics, and Organization

Volumn 27, Issue 2, 2011, Pages 324-349

  Daley, Brendan ^a   Snowberg, Erik ^b  

^a DUKE UNIVERSITY   (United States)

^b CALIFORNIA INSTITUTE OF TECHNOLOGY   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 79959701874     PISSN: 87566222     EISSN: 14657341     Source Type: Journal    
DOI: 10.1093/jleo/ewp012     Document Type: Article

References (38)

1. Abreu, Dilip, and Faruk Gul. 2000. "Bargaining and Reputation," 68 Econometrica 85-117.
2. Ansolabehere, Stephen, and James M. Snyder. 2002. "The Incumbency Advantage in U. S. Elections: An Analysis of State and Federal Offces, 1942-2000," 1 Election Law Journal 315-38.
3. Ansolabehere, Stephen, John M. de Figueiredo, and James M. Snyder. 2003. "Why is There so Little Money in US Politics?" 17 Journal of Economic Perspectives 105-30. (Pubitemid 38882447)
4. Ashworth, Scott. 2005. "Reputational Dynamics and Political Careers," 21 Journal of Law, Economics, and Organization 441-66. (Pubitemid 41343791)
5. -. 2006. "Campaign Finance and Voter Welfare with Entrenched Incumbents," 100 American Political Science Review 55-68. (Pubitemid 43388707)
6. Bar-Isaac, Heski. 2003. "Reputation and Survival: Learning in a Dynamic Signalling Model," 70 Review of Economic Studies 231-51. (Pubitemid 36647256)
7. Baron, David P. 1989. "Service-Induced Campaign Contributions and the Electoral Equilibrium," 104 Quarterly Journal of Economics 45-72.
8. Bond, Jon R., Cary Covington, and Richard Fleisher. 1985. "Explaining Challenger Quality in Congressional Elections," 47 Journal of Politics 510-29.
9. Callander, Steven. 2008. "Political Motivations," 75 Review of Economic Studies 671-97.
10. Cho, In-Koo, and David M. Kreps. 1987. "Signaling Games and Stable Equilibria," 102 Quarterly Journal of Economics 179-222.
11. Coate, Stephen. 2004a. "Pareto-Improving Campaign Finance Policy," 94 American Economic Review 628-55.
12. -. 2004b. "Political Competition with Campaign Contributions and Informative Advertising," 2 Journal of the European Economic Association 772-804.
13. Daley, Brendan, and Brett Green. 2009. "Waiting for News in the Dynamic Market for Lemons." Working Paper, Duke University.
14. Daley, Brendan, and Erik Snowberg. 2006. "A Multi-Dimensional Signaling Model of Campaign Finance." Working Paper, California Institute of Technology.
15. Downs, Anthony. 1957. An Economic Theory of Democracy. New York, NY: Harper Collins.
16. Epstein, David, and Peter Zemsky. 1995. "Money Talks: Deterring Quality Challengers in Congressional Elections," 89 American Political Science Review 295-308.
17. Fox, Justin, and Lawrence Rothenberg. 2007. "Infuence without Bribes: A Non-Contracting Model of Campaign Giving and Policymaking." Working Paper, Yale University.
18. Garrett, Major. 1997. "Money Politics and the First Amendment." Cato Institute Briefng Paper, No. 30.
19. Gowrisankaran, Gautam, Matthew F. Mitchell, and Andrea Moro. 2008. "The Effects of Incumbency Advantage in the U.S. Senate on the Choice of Electoral Design: Evidence from a Dynamic Selection Model," 11 Review of Economic Dynamics 1-17.
20. Gul, Faruk, Hugo Sonnenschein, and Robert Wilson. 1986. "Foundations of Dynamic Monopoly and the Coase Conjecture," 39 Journal of Economic Theory 155-90.
21. Hotelling, Harold. 1929. "Stability in Competition," 39 (153) Economic Journal 41-57.
22. Kreps, David M. and Robert Wilson. 1982a. "Reputation and Imperfect Information," 27 Journal of Economic Theory 253-79.
23. -. 1982b. "Sequential Equilibria," 50 Econometrica 863-94.
24. Levitt, Steven D. 1994. "Using Repeat Challengers to Estimate the Effect of Campaign Spending on Election Outcomes in the US House," 102 Journal of Political Economy 777-98.
25. Levitt, Steven D. and Catherine D. Wolfram. 1997. "Decomposing the Sources of Incumbency Advantage in the US House," 22 Legislative Studies Quarterly 45-60. (Pubitemid 127459073)
26. Mailath, George J., and Larry Samuelson. 2006. Repeated Games and Reputations in Long-run Relationships. New York, NY: Oxford University Press.
27. Maskin, Eric, and Jean Tirole. 2001. "Markov Perfect Equilibrium I. Observable Actions," 100 Journal of Economic Theory 191-219. (Pubitemid 33082649)
28. Milgrom, Paul, and John Roberts. 1986. "Price and Advertising Signals of Product Quality," 94 Journal of Political Economy 796-821.
29. Phelan, Christopher. 2006. "Public Trust and Government Betrayal," 130 Journal of Economic Theory 27-43. (Pubitemid 44296237)
30. Prat, Andrea. 2002a. "Campaign Advertising and Voter Welfare," 69 Review of Economic Studies 999-1017. (Pubitemid 35259312)
31. -. 2002b. "Campaign Spending With Offce-Seeking Politicians, Rational Voters, and Multiple Lobbies," 103 Journal of Economic Theory 162-89.
32. -. 2006. "Rational Voters and Political Advertising," in B. Weingast and W. Donald, eds., Oxford Handbook of Political Economy. Oxford, UK: Oxford University Press.
33. Prat, Andrea, Ricardo Puglisi, and James M. Snyder. 2005. "Is Private Campaign Finance a Good Thing? Estimates of the Potential Informational Benefts." Working Paper, London School of Economics and Political Science.
34. Snyder, James M. 1990. "Campaign Contributions as Investments: The US House of Representatives, 1980-1986." 98 Journal of Political Economy 1195-227.
35. Squire, Peverill. 1989. "Callengers in U.S. Senate Elections," 14 Legislative Studies Quarterly 531-47.
36. -. 1992. "Challenger Quality and Voting Behavior in US Senate Elections," 17 Legislative Studies Quarterly 247-63.
37. Stratmann, Thomas and, Francisco J. Aparicio-Castillo. 2006. "Competition Policy for Elections: Do Campaign Contribution Limits Matter?" 127 Public Choice 177-206. (Pubitemid 43747386)
38. Wilson, Robert. 1985. "Multi-Dimensional Signalling," 19 Economics Letters 17-21.