OxTalks will soon move to the new Halo platform and will become 'Oxford Events.' There will be a need for an OxTalks freeze. This was previously planned for Friday 14th November – a new date will be shared as soon as it is available (full details will be available on the Staff Gateway).
In the meantime, the OxTalks site will remain active and events will continue to be published.
If staff have any questions about the Oxford Events launch, please contact halo@digital.ox.ac.uk
Does campaign contribution limits reduce the influence of donors over elected officials and kickbacks for donors? Using a regression discontinuity design that exploits institutional rules determining contribution limits based on registered voters thresholds, we find that looser campaign limits affects donors participation: it reduces the number of donors per candidate and increases the average donations received by the winner of the election. This leads to a higher concentration of donations and increases the influence of fewer donors in campaigns, resulting in more kickbacks in forms of contracts for donors. These contracts tend to be more discretionary and perform worse in terms of timely delivery and cost overruns. To understand the mechanism behind the increased influence when there are looser limits, we propose a model of donors optimal contribution to obtain kickbacks. Our evidence shows that looser campaign limits does increase kickbacks for donors, which leads to worse performing contracts.