The rapid aging of the population has become increasingly challenging for public healthcare systems. To ensure sustainability, governments must persuade their citizens to accept a larger burden, which is a difficult task. This study explored whether informing individuals of self-benefits from...

This study examines how an endogenous change in political trust affects the performance of a representative democracy. To this end, we construct a two-period political agency model in which voters face uncertainty about the distribution of politicians' types (model uncertainty) as well as each...