Showing 1 - 10 of 443
We present a model of elections in which interest group donations allow candidates to shift policy positions. We show that if donations were prohibited, then a unique equilibrium regarding the position choices of candidates would exist. With unrestricted financing of political campaigns two...
Persistent link: https://www.econbiz.de/10013127785
We study communication in ambiguous environments. Agents communicate individual decisions sequentially. Based on the …, the decisions differ no matter how long the communication lasts. Such persistent disagreements are precluded in Bayesian … frameworks endowed with a common prior. When communication is private and nobody is excluded from it, we show that ambiguity …
Persistent link: https://www.econbiz.de/10014484275
Persistent link: https://www.econbiz.de/10003704533
Persistent link: https://www.econbiz.de/10009692126
Persistent link: https://www.econbiz.de/10000896792
Persistent link: https://www.econbiz.de/10000897038
Persistent link: https://www.econbiz.de/10000897044
Persistent link: https://www.econbiz.de/10000782532
Persistent link: https://www.econbiz.de/10000822244
Persistent link: https://www.econbiz.de/10000550799