Assignment 7 Question 1 10 out of 10 points Most economists and political scientists would be comfortable making the claim that having institutions protecting property rights is crucial for promoting economic growth Where they might argue however is if and how property rights are related to regime type Answer Selected Answer true Question 2 10 out of 10 points Answer Selected Answer sufficient Question 3 10 out of 10 points Question 4 10 out of 10 points if supportLists endif According to the empirical evidence from tests of the effects of regime type on government performance does democracy seem to be a necessary or a sufficient condition for ensuring a high level of material well being for a country s citizens What is the basic assumption behind the Selectorate theory Answer Selected Answer That all political leaders are motivated by the desire to gain and maintain office if supportLists According to BDM2S2 what is the Selectorate Selected Answer These are all of the people who could select the leader Question 5 10 out of 10 points if supportLists According to BDM2S2 what is the Winning Coalition Selected Answer if supportLists The group of people who keep the leader in power if supportLists endif If members of a winning coalition get paid with things like money special legal protections or special business advantages then this is an example of the government providing Answer Answer Question 6 10 out of 10 points Answer Selected Answer private goods Question 7 10 out of 10 points Answer Selected Answer public goods if supportLists endif If members of a winning coalition get paid with things like national security rule of law primary and secondary education then this is an example of the government providing if supportLists When will leaders have an incentive to provide public goods Question 8 10 out of 10 points Answer Selected Answer When W is large Question 9 10 out of 10 points Answer Selected Answer When W S is small Question 10 10 out of 10 points if supportLists endif According to the Selectorate theory when are the members of the winning coalition likely to have the highest loyalty to their leader if supportLists endif If you were the leader what type of institutions would you want to set up assuming that you wanted to stay in power Answer Selected Answer if supportLists endif Institutions that would generate a small W and a small W S Question 11 10 out of 10 points Suppose that a leader raises 1 billion in tax revenue Assume that the leader can supply public goods worth 2000 to each individual in society if he spends all of this tax revenue on providing public goods Assume also that the size of the winning coalition is 250 000 If the leader were to spend all of the tax revenue on providing private goods what would the maximum value of the private goods be for each member of the winning coalition if we assume that they all receive the same amount Based on your answer to the previous question would the leader prefer to provide only public goods or only private goods in this situation Answer Selected Answer 4000 Question 12 10 out of 10 points Answer Selected Answer private goods Question 13 10 out of 10 points Now suppose that the size of the winning coalition is 750 000 Keeping everything else the same answer the following question If the leader were now to spend all of the tax revenue on providing private goods what would the maximum value of the private goods be for each member of the winning coalition if we assume that they all receive the same amount Would the leader prefer to provide only public goods or only private goods Answer Selected Answer 1333 Question 14 10 out of 10 points Answer Selected Answer public goods Question 15 10 out of 10 points Answer Selected Answer 4000 Question 16 10 out of 10 points Suppose that a political raises 1 billion in tax revenue Assume that the size of the winning coalition is 250 000 and the size of the selectorate is 50 million If the leader were to spend all of the tax revenue on providing private goods what would the maximum value of the private goods be for each member of the winning coalition if we assume that they all receive the same amount How much are private goods worth to someone who is not a member of the winning coalition Answer Selected Answer 0 Question 17 10 out of 10 points Answer Selected Answer 0 005 Question 18 10 out of 10 points Answer Selected Answer 0 995 Question 19 10 out of 10 points Answer Selected Answer 20 What is the probability that a member of the selectorate will be a member of the winning coalition What is the probability that a member of the selectorate will not be a member of the winning coalition Suppose that you as a member of the winning coalition are thinking of defecting to the challenger What is the maximum expected value of defecting to the challenger in terms of private goods Question 20 10 out of 10 points Based on your answer to the previous question how much does the political leader have to give each member of the winning coalition in terms of private goods in order to ensure that the members remain loyal What is the difference between how much the political leader could give each member of the winning coalition and how much the political leader needs to give each member of the winning coalition to ensure the members loyalty Answer Selected Answer A bit more than 20 Question 21 10 out of 10 points Answer Selected Answer A bit less than 3980 Question 22 10 out of 10 points Answer Now suppose that the size of the selectorate is just 1 million Keeping everything the same answer the following questions What is the probability that a member of the selectorate will be a member of the winning coalition What is the probability that a member of the selectorate will not be a member of the winning coalition Selected Answer 0 25 Question 23 10 out of 10 points Answer Selected Answer 0 75 Question 24 10 out of 10 points Answer Selected Answer 1000 Question 25 10 out of 10 points Suppose that you as a member of the winning coalition are thinking of defecting to the challenger What is the maximum expected value of defecting to the challenger in terms of private goods Based on your answer to the previous question how much does the political leader have to give each member of the winning coalition in terms of private goods in order to ensure that the members remain loyal Answer Selected Answer A little more than 1000 Question 26 10 out of 10 points What is the difference between how much the
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