Bargaining outcomes and success in EU economic governance reforms

We assess the accuracy of procedural and bargaining models in predicting the outcomes of the reforms of the economic governance of the European Union (EU) that took place between 1997 and 2013. These negotiations were characterized by high costs of failure. We confirm the accuracy and robustness of the compromise model, but a procedural model with a costly reference point performs well, indicating that misestimation of the no-agreement cost may be a reason for its commonly reported poorer accuracy. However, this model is more sensitive to measurement errors. We also show how both models contribute to understanding bargaining success and how the conditional influence of the European Parliament should not be ignored. We conclude by discussing the implications of these results for our understanding of the EU.

Franchino F and Mariotto C (2022) Bargaining outcomes and success in EU economic governance reforms. Political Science Research and Methods 10(2). 2021/07/15 ed. Cambridge University Press: 227–242. DOI: 10.1017/psrm.2021.26.

European Union can afford to be more transparent

Transparency improves the relationship between citizens and politicians, but it could lead to posturing or pandering to public opinion. Politicians may therefore fail to adopt policies and reach valuable compromises. In a recent research,  Sara Hagemann and Fabio Franchino show that the drawbacks of increased transparency in the EU Council of Ministers have not materialized. The European Union can afford to be more transparent.

Recent studies suggest there is a direct trade-off between transparency and efficiency in legislative politics. We challenge this conclusion and present a bargaining model where one particular kind of transparency – the publication of legislative records – works to overcome problems of incomplete information.

We also present empirical findings from legislative activities in the Council of the European Union from 1999 to 2014 and from 23 interviews with senior officials in Brussels. Our results show that increased transparency, in the form of publication of legislative records, does not lead to gridlock or prolonged negotiations.

On the contrary, recordings of governments’ positions help facilitate decision-making as they increase credibility of policy positions. This, in turn, lowers risk of negotiation failure and screens out marginal amendments.

The article is available here

Hagemann, Sara, and Fabio Franchino. “Transparency vs Efficiency? A Study of Negotiations in the Council of the European Union.” European Union Politics, (February 8, 2016)  OnlineEarly. doi:10.1177/1465116515627017.

Personal websites: Fabio Franchino, Sara Hagemann

 

How we value honest and competent politicians (so long as they share our views)

How we value competence, honesty and other valuable traits depends on how close politicians are to our ideas. If they are distant, we tend to dismiss those qualities. We may even prefer unsavory politicians if the alternative is someone supporting policies we deeply dislike. We report the results from an experiment conducted by Fabio Franchino and Francesco Zucchini with the research assistance of Alessandra Caserini of the Laboratorio Indagini Demoscopiche, Università degli Studi di Milano.

 Un brigante onesto è un mio ideale. Giuseppe Garibaldi

Competence, like truth, beauty and contact lenses, is in the eye of the beholder. Laurence J. Peter

‘Honesty is the best policy’.  How can we disagree with Benjamin Franklin? Right? But how do we actually value honesty and other universally cherished traits, such as competence and dedication, when we choose politicians?

In 2012–13, we have conducted experiments in which participants were asked to choose between candidates who vary along three character-based valence (education, income and honesty) and two ideological (attitudes toward taxation and spending and the rights of same-sex couples) attributes.

Our results indicate that education and integrity, but not income (unsurprisingly), indeed behave like valence issues in which voters prefer more to less. More interestingly, the degree to which a valence attribute like education, which is a proxy for competence, influences the propensity to choose a given candidate depends on the proximity between the political views of the respondent and the political views of the candidate.

Honest_Leadership

In other words, we do value competent politicians, so long as they share our views. If they do not, we tend to dismiss these traits.

In awkward situations where participants have to choose between one politician with whom they share the political views, but there are issues concerning his integrity, and a second politician who is clean but supports disliked policies, they tend to prefer the  (at least integrity-wise) unsavory candidate.

Honesty is the best policy, if you support the best policies.

The article is available here

Franchino, Fabio, and Francesco Zucchini (2014) ‘Voting in a Multi-Dimensional Space: A Conjoint Analysis Employing Valence and Ideology Attributes of Candidates‘, Political Science Research and Methods, 3,2: 221-241

Data download
Links to websites: Fabio Franchino, Francesco Zucchini, Alessandra Caserini , Laboratorio Indagini Demoscopiche

Voting in a multidimensional space

A conjoint analysis employing valence and ideology attributes of candidates

Abstract

Fabio Franchino and Francesco Zucchini, Università degli Studi di Milano

Most formal models of valence competition add a single, separable and unweighted component to the standard one-dimensional utility function of voters. We present the results of a conjoint analysis experiment where respondents are asked to choose between two candidates whose profiles vary along five attributes. Four of these traits behave like valence or policy issues as expected, but one, which has been employed in recent formal and empirical works, does not. Moreover, policy and valence are not separable. They interact significantly, taking a competency form whereby the marginal impact of valence on voters’ choice is conditional on candidates’ policies. Finally, policy trumps valence in awkward choices. Respondents even prefer corrupt candidates with similar policy views than honest ones with different opinions, despite integrity being declared the most important attribute.