Agencies are accustomed to considering questions of discounting — the process that makes monetary amounts comparable through time. But valuing the future is a distinctive enterprise for reasons that go beyond discounting. This Article explores two basic features of time that create challenges...

In the 21st century, voter choice and the broader political debate are within the reach of those that can access and channel the vast streams of user data that are generated online. The role of personal user data in digital markets, as well as the use that digital platforms make of that data in...

We leverage a unique dataset at the municipality level in Italy to examine the factors that drive support for two separate referendum campaigns - one on the decriminalization of cannabis cultivation and the other on physician-assisted suicide. Using machine learning techniques, we identify key...

This Article seeks to bridge free speech jurisprudence and information economics in an effort to provide a novel view into mechanisms to tackle misinformation. Bridging these schools of thought offers two steps forward. The first step reexamines the deontological free speech path that has led...

How should a platform or a society address the fake news problem? The spread of misinformation is ancient, complex, yet ubiquitous in elections, vaccination campaigns, and global climate policy debates. After examining key attributes of “fake news” and of current solutions, this Article...

We present a dynamic model of deliberation in which `jurors' decide every period whether to continue deliberation, which generates costly information, or stop and take a binding vote yielding a decision. For homogeneous juries, the model is a reinterpretation of the classic Wald (1947)...

We offer a simple general equilibrium model to analyze how economy-wide forces (i.e. shocks to terms of trade, technology and endowments) will affect the intensity of social conflict over the distribution of resources. Examples of conflict activities range from crime to civil war. We show that...

This paper revisits the issue of law enforcement and the design of monetary sanctions when the public law enforcer's incentives depart from those of a benevolent authority, which is the most frequent assumption made in the literature on crime deterrence. We first consider the case an elected...