We analyze a psychologically-based model of voter turnout. Potential voters experience regret if they fail to vote, which is the motivation for participation in voting. Regret from abstention is inversely related to the margin of victory. Voters on the winner's side experience less regret than...

I analyze a bilateral bargaining model with one-sided uncertainty about time preferences. The uninformed player has the option of halting the bargaining process to obtain additional information, when it is his turn to offer. For a wide class of preference settings, the uninformed player does not...