technologies that increase investor diversification or enable pass-through voting have important implications for these trade …

equilibrium that supports optimal experimentation for any voting rule without veto players. With veto players, however, optimal …

For voters with "social" preferences, the expected utility of voting is approximately independent of the size of the … rational socially-motivated voting has a feedback mechanism that stabilizes turnout at reasonable levels (e.g., 50% of the …

The paper studies a simple voting system that has the potential to increase the power of minorities without sacrificing … majority, and the aggregate payoffs all match the theory …

We study the properties of the group-based model of voting in elections with more than two candidates. We consider two … equilibria under both rules and identify the features of an election that favor different types of voting behavior: either … sincere voting or coordination behind a limited number of candidates. Comparing plurality and majority runoff, we find that …

estimate the effect of social image concerns on voting. In a door-to-door survey about election turnout, we experimentally vary …, and (iii) the incentives to lie about past voting. Our estimates suggest significant social image concerns. For a … plausible range of lying costs, we estimate the monetary value of voting `because others will ask' to be in the range of $5 …

public schooling. We develop a theory which integrates private education and fertility decisions with voting on public … political power can lead to multiple equilibria in the determination of public education spending. The main predictions of the … theory are consistent with state-level and micro data from the United States as well as cross-country evidence from the PISA …