How do voters allocate costly attention to alternative political issues? And how does selective ignorance of voters interact with policy design by politicians? We address these questions by developing a model of electoral competition with rationally inattentive voters. Rational inattention...

My assignment is to discuss some of the recent economic research on vertical restraints and, in particular, to examine what economists have been saying about the free rider rationale for vertical restraints. I will focus my remarks on those vertical restraints that are generally referred to as...