Exam (elaborations)
CPO exam practice questions & ANSWERS 2024 ( A+ GRADED 100% VERIFIED).
- Course
- Institution
CPO exam practice questions & ANSWERS 2024 ( A+ GRADED 100% VERIFIED).
[Show more]
Seller
Follow
AMAZONN
Content preview
CPO exam practice questions & ANSWERS 2024( A+ GRADED 100% VERIFIED)
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: - Correct Answer - private
goods
What is the expected payoff for the Regime from Cancel Elections ?
fig2.png - Correct Answer - 20
To say something is non-rivalrous means what? - Correct Answer - Non-rivalrous means the value of a
good does not diminish with others' consumption.
If you were a moderate religious party poised to win the elections, would you want the Regime to
believe that you were moderate or radical? - Correct Answer - moderate
If the Regime believes that the Religious Party is moderate with a probability of 0.5, will it choose to
hold elections, cancel elections, or will it be indifferent between these two actions? - Correct Answer -
Cancel elections
What is the expected payoff for the Regime from Hold Elections ?
fig2.png - Correct Answer - 5+20p
If the Regime believes that the Religious Party is moderate with a probability of 0.75, will it choose to
hold elections, cancel elections, or will it be indifferent between these two actions? - Correct Answer -
be indifferent
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: - Correct Answer - public
goods
Which one of the following is a public good? - Correct Answer - A fireworks display
When will leaders have an incentive to provide public goods? - Correct Answer - When W is large
According to the Selectorate theory, when are the members of the winning coalition likely to have the
highest loyalty to their leader? - Correct Answer - When W/S is small
, 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? - Correct Answer - $4000
How much are private goods worth to someone who is not a member of the winning coalition? - Correct
Answer - 0
What is the probability that a member of the selectorate will be a member of the winning coalition? -
Correct Answer - 0.005
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? - Correct Answer - $1333
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? -
Correct Answer - 0.75
We now provide a Religious Party Game that throws light on the credible commitment problem facing
religious parties (as described by Stathis Kalyvas). The two players in our game are a dictatorial regime
(Regime) that has recently introduced a process of democratization and a religious party (Religious
Party) that seeks to gain power through the newly-proposed democratic elections. The religious party is
expected to win the elections and many fear that it will turn the country into a theocracy rather than
continuing the process of democratic consolidation. The Regime has to decide whether to hold the
elections as scheduled or to cancel them and retain power as a dictatorship. If elections are held and the
religious party wins (which we are assuming will happen), then the Religious Party has to decide
whether to pursue a moderate political agenda and support democratic consolidation or to subvert the
democratization p - Correct Answer - Democratic Consolidation > Continued Dictatorship > New
Religious Dictatorship
Based on the cardinal payoffs shown in Figure 8.8, what is the preference ordering for the Moderate
Religious Party over the three possible outcomes?
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller AMAZONN. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $10.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
76799 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now