We study how inefficiencies of market failure may be further amplified by political choices made by interest groups created in the inefficient market. We take an occupational choice framework, where agents are endowed heterogeneously with wealth and talent. In our model, market failure due to...

Does economic standing cross-cut ethnicity in African electoral politics? In many countries in the region, ethnicity appears to be a major consideration in individuals' political decision-making. However, there is significant variation in the extent to which coethnics support parties en bloc;...