exchange for their votes. That practice undermines the functioning of democracy but is pervasive in many parts of the world …

imposed vs. democratically chosen in a vote. We find a “dividend of democracy” in the sense that the disincentive effect is …

when such a "dividend of democracy" obtains, we review experimental studies in which material incentives remain stacked … studies find positive dividends of democracy across a broad range of cooperation settings, we also report on studies that find … no dividend. We conclude that the existence of a dividend of democracy cannot be considered a stylized fact. We discuss …