Toward a theoretical explanation of premature cabinet termination

We propose a rational choice model of premature cabinet termination involving considerations of expected gain in terms of electoral payoffs, policy payoffs, or portfolio payoffs. This approach, which distinguishes contextual variables that will generally affect the nature of cost-benefit calculations made by political actors from the factors that are most likely to have a direct impact on a particular decision to precipitate a cabinet crisis, leads us to several testable hypotheses. We provide a first illustrative test of our predictions with data from the Netherlands.