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This paper develops a rational theory of momentum in elections with sequential voting. We analyze a two-candidate election in which some voters are uncertain about the realization of a state variable that can affect their preferences between the candidates. Voters receive private signals about...
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This paper studies a model of strategic communication by an informed and upwardly biased sender to one or more receivers. Applications include situations in which (i) it is costly for the sender to misrepresent information, due to legal, technological, or moral constraints, or (ii) receivers may...
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We introduce a Downsian model in which policy-relevant information is revealed to the elected politician after the election. The electorate benefits from giving the elected politician some discretion to adapt policies to his information. But limits on discretion are desirable when politicians do...
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We study the characteristics of self-selected candidates in corrupt political systems. Potential candidates differ along two dimensions of unobservable character: public spirit (altruism toward others) and honesty (the disutility suffered when selling out to special interests after securing...
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We generalize the canonical problem of Nash implementation by allowing agents to voluntarily provide discriminatory signals, i.e. evidence. Evidence can either take the form of hard information or, more generally, have differential but non-prohibitive costs in different states. In such...
Persistent link: https://www.econbiz.de/10011690726