This paper analyzes whether political outcomes in local democracies are determinedby the preferences of the median -typically poor- agents or whether they reflect thewishes of the wealthy elites. A model shows that when politicians belonging to differentgroups can form coalitions, the wealthy...

Design standards are carriers and creators of facts, enabling facts about product value to travel between groups, and assisting in the creation of product value by establishing a reference or comparison against which product attributes are compared. However, when design standards are not...