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Can I read Campaign Contributions as Investments: The U.S. House of Representatives, 1980-1986 on EtoBox?
Campaign Contributions as Investments: The U.S. House of Representatives, 1980-1986 by James M. Snyder, is a Economics, Econometrics and Finance article available to read on EtoBox.
What is Campaign Contributions as Investments: The U.S. House of Representatives, 1980-1986 about?
This paper treats the market for special-interest campaign contributions and political "favors" as a simple asset market. The model yields a simple equilibrium relationship among three variables: the total amount of investor contributions a candidate receives, the monetary value of the favors he has promised, and his probability of winning. Using data on open-seat races for the U.S. House of Representatives, I confront the model with a series of tests. Despite the starkness of the model, the results of these tests are highly supportive.
Who reads Campaign Contributions as Investments: The U.S. House of Representatives, 1980-1986?
It is typically read by researchers, students, and practitioners in Economics, Econometrics and Finance.
- Author
- James M. Snyder,
- Publisher
- University of Chicago Press
- Published
- 1990
- Language
- EN
- Field
- Economics, Econometrics and Finance (Social Sciences)