In March 2004, following a five-year investigation, the European Commission found Microsoft liable for illegally tying the Windows Media Player to the Windows operating system. This Column evaluates the antitrust issues and the proposed remedy. What is remarkable is that the remedy eliminates...

Using state-by-state voting data for U.S. presidential elections, the authors observe that voter turnout is a positive function of predicted closeness. To explain the strategic component of political participation, they develop a follow-the-leader model. Political leaders expend effort according...

This article develops a rational theory of minimal nuclear deterrence: What is the minimal amount of weapons needed to maintain a stable balance of power? By searching for the requirements of minimal nuclear deterrence, we hope to gain a better understanding of how to proceed with arms reduction...