. Average savings increase|especially for the financially less literate. We conclude that simplification of pension information … can potentially reduce disparities in pension planning and savings behavior. …

. We apply it to study optimal party structure and the decision of how (de)centralized candidate recruitment should be …. Parties are non-unitary actors and compete at the local markets over recruitment of competent candidates and local organizers … authoritarian and persistently "bad" leadership. Our model can be applied to other labor recruitment settings. …