In their pursuit of being elected, politicians might not provide their constituents with independent viewpoints, but …, "candor", can be sustained as equilibria. This means that the public's trust or distrust in politicians may be self …-fulfilling prophecies. Importantly, the more informed politicians are about public opinion, the more likely it is that populist behavior can …

of experimentation is suboptimal, taking decisions by direct democracy, or electing risk-loving politicians, could …

In this paper, we address empirically the trade-offs involved in choosing between bureaucrats and politicians. In order … counterparts (”politicians”). We evaluate how performance would change if the courts replaced majority rule with unanimity rule …

́electoral prospects improve? We study this question with a natural experiment from the German federal state of Hesse. The … experiment is the abolishment of an explicit electoral threshold (the so called "five percent hurdle") for local elections in … elections, but local politicians from large mainstream parties had the ability to adjust municipal political institutions in …

' electoral prospects improve? We study this question with a natural experiment from the German federal State of Hesse. The … experiment is the abolishment of an explicit electoral threshold (the so called "five percent hurdle") for local elections in … elections, but local politicians from mainstream parties had the ability to adjust municipal political institutions in such as …

We provide a game-theoretical model of manipulative election campaigns with two political candidates and a continuum of …-efficient candidate wins the election even if she is more distant from the electorate than her opponent is. In contrast to the existing … election campaign models that do not support information manipulation in equilibrium, our paper rationalizes misleading …