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We offer a model of “negative vote buying” – paying voters to abstain. While negative vote buying is feasible under the open ballot, it is never optimal. In contrast, a combination of positive and negative vote buying is optimal under the secret ballot: Lukewarm supporters are paid to show...
Persistent link: https://www.econbiz.de/10014189249
We study minority representation in the workplace when employers engage in optimal sequential search and minorities convey noisier signals of ability than mainstream job candidates. The greater signal noise makes it harder for minorities to change employers' prior beliefs. When employers are...
Persistent link: https://www.econbiz.de/10004999795
We study the value of commitment in contests and tournaments when there are costs for the follower to observe the leader's behavior. In a contest, the follower can pay to observe the leader's effort but cannot observe the effectiveness of that effort. In a tournament, the follower can pay to...
Persistent link: https://www.econbiz.de/10005408421
We study the value of commitment in contests and tournaments when there are costs for the follower to observe the leader's behavior. In a contest, the follower can pay to observe the leader's effort but cannot observe the effectiveness of that effort. In a tournament, the follower can pay to...
Persistent link: https://www.econbiz.de/10011131697
Persistent link: https://www.econbiz.de/10000596890
Persistent link: https://www.econbiz.de/10003730152
We report the results of laboratory experiments on rent-seeking contests with endogenous participation. Theory predicts that (a) contest entry and rent-seeking expenditures increase with the size of the prize; and (b) earnings are equalized between the contest and the outside option. While the...
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