We examine whether and how the educational background of political leaders matters for policy choices and outcomes. Using data on municipalities in Brazil from 2000-2008, we estimate the effects of electing a more educated leader in a regression-discontinuity design whereby policy inputs and...

El sector de la construcción ha sido históricamente uno de los más importantes desde el punto de vista social y económico, especialmente para países como Colombia. Diversos impactos se generan a partir de la construcción de vivienda, en especial sobre el Producto Interno Bruto y sobre las...

We consider collective decisions under uncertainty, when agents have generalized Hurwicz preferences, a broad class allowing many different ambiguity attitudes, including subjective expected utility preferences. We consider sequences of acts that are "almost-objectively uncertain" in the sense...

When a counter-proposal is made to an initiative to change the Swiss constitution, the citizenry makes three binary majority choices: the initiative versus the status quo, the initiative versus the counter-proposal, and the status quo versus the counterproposal as a tie-breaker. If there is a...