We analyze the effects of introducing asymmetric information in an investment game (Berg et al., 1995), in which the division of an economic surplus between a trustor and a trustee is not contractible. Backward induction suggests that rational self-interested players would not voluntarily engage...

We experimentally study the impact of adding an explicit nil vote option to the ballot in both compulsory and voluntary voting settings. We investigate this issue in an informational voting setting, in which some voters are uninformed and face the swing voter’s curse, implying that they can...