I study a dynamic model of trial-and-error search in which agents do not have complete knowledge of how choices are mapped into outcomes. Agents learn about the mapping by observing the choices of earlier agents and the outcomes that are realized. The key novelty is that the mapping is...

Are politicians motivated by policy outcomes or by the perks of office? To shed light on this important question, I develop a simple model of two candidate electoral competitions in which candidates may be either office or policy motivated. In a second departure from standard formulations, the...

In this paper I show that an equilibrium exists to the sequential voting game in which a bandwagon begins with probability 1. These bandwagons are driven by a combination of beliefs and the desire of voters to vote for the winning candidate. Significantly, in this equilibrium the pivot...