given party ideological predispositions and power distribution determine the expected policy outcome. Our analysis applies … weighted by power. Our second result clarifies how the success of an interest group hinges on the dominance of its ideology in … what condition an interest group prefers to direct its lobbying efforts to two parties or the two coalition and opposition …

relative number of agents because competition reduces the agents' informational monopoly power. However, this environment also …We devise an experiment to explore the effect of different degrees of competition on optimal contracts in a hidden … principals. We first show theoretically how these different degrees of competition affect outcomes and efficiency. Informational …

information sources. Exploratory analysis, however, revealed interesting effects related to self-reported gambling frequency …-reported gambling frequency was stronger for females. Decision modeling found a decreased weight placed on new evidence (over base rate … frequency of gambling to worse performance in the critical probability assessment skills that should benefit gambling success (i …

theory, which has so far focused on labor market frictions in general and not specifically on information asymmetries. Using …

mechanism should – in theory – provide incentives for truth-telling, many buyers in fact believe that they can increase their …