I study the optimal supply of exible commitment devices to people who value both commitment and exibility, and whose …

rationalized in a voting model with diverse constituents. One would think that commitment to finishing the metro line (no matter …, when commitment is needed). More generally, we prove a theorem for binary-choice trees and arbitrary learning, establishing … that no plan of action which is majority-preferred to the equilibrium play without commitment can be a Condorcet winner …