We study voting over higher education finance in an economy with risk averse households who are heterogeneous in income …

We study voting over higher education finance in an economy with two regions and two separated labor markets … subsidize higher education costs or whether to rely on tuition fees only. We find that in equilibrium, in both regions a … opt for full tuition finance. Interestingly, the higher the return probability, the smaller are the equilibrium subsidy …

heterogeneous agents. These predict varying degrees of strategic communication. We use a 2 x 2 design varying the information …

on whether media have commitment power; if not, they can worsen information transmission and voter welfare. …

theoretical model that explains the observed tendency of growing fraud. Specifically, in a probabilistic voting model of electoral …

Information affecting a candidate's reputation might have significant electoral consequences. Do candidates respond to … the release of information? Using Brazilian elections and audits as an exogenous source of information, I show that both … incumbent and challenger increase their campaign spending when detrimental information affects the incumbent's reputation …

Collective decision procedures should balance the incentives they provide toacquire information and their capacity to … aggregate private information. In a decisionproblem in which a project can be accepted or rejected once information about its … qualityhas been acquired or not, we compare the performance of a delegation structure with that oftwo voting procedures …