How do price commitments impact the amount of information firms acquire about potential customers? We examine this question in the context of a competitive market where firms search for information that may disqualify applicants. Contracts are incomplete because the amount of information...

We provide a unified analysis of the canonical rational voting model with privately known political preferences and costs of voting. Focusing on type-symmetric equilibrium, we show that for small electorates, members of the minority group vote with a strictly higher probability than do those in...

The incentive and project selection effects of agent anonymity are investigated in a setting where an evaluator observes a subjective signal of project quality. Although the evaluator cannot commit ex ante to an acceptance criterion, she decides up front between informed review, where the...