This paper has attempted to demonstrate how the bandwagon effect would alter the benefit-cost decision inherent in voting. It was shown that, other things held constant, the existence of a bandwagon would lead to a situation where the favored candidate receives an increased number of votes at...

Incentives are critical to the study of economics. But do they work in non-traditional economic settings, such as religious organizations, in a manner consistent with economic theory? This study considers the agency relationship between churches and their clergy. This paper contends that pastor...