regression discontinuity design with millions of observations suggests that advertising's impact on elections is largely due to …

probability before the election (Maskin and Tirole's "feedback" case). In the three-period case, with two elections, the dynamic … political agency setting. In the baseline two-period case where only the politician's actions are observable before the election … evolution of confirmation bias can lead to more pandering before the first election. Finally, we show that when confirmation …