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We analyze the interaction between the incentives for free-riding and information revelation among partners in a dynamic setting. Partners contribute to the value of a common project, but have private information about the success of their own contribution efforts. The desire to maintain a...
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Despite its negative reputation, lobbying is an important vehicle for ensuring citizen participation in the democratic process, allowing a vibrant and participatory democracy. This article supports the pluralistic theory of democracy, which views democracy as an arena in which interest groups...
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This article tries to justify restrictions on racial and gender stereotypes in advertisements from the perspective of liberal theory. The typical modern advertisement does not present arguments and information. Rather, it presents visual images of desirable life-styles and appeals to the...
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