analyse the stationary Markovian equilibria of this game and examine the consequences of threshold contracts, which forbid … reappointment if the principal's utility is too low. We identify the circumstances under which such threshold contracts are welfare …

analyse the stationary Markovian equilibria of this game and examine the consequences of threshold contracts, which forbid … reappointment if the principal's utility is too low. We identify the circumstances under which such threshold contracts are welfare …

problem, we introduce a triple mechanism involving political information markets, reelection threshold contracts, and … democratic elections. An information market is used to predict the long-term performance of a policy, while threshold contracts …

problem, we introduce a triple mechanism involving political information markets, reelection threshold contracts, and … democratic elections. An information market is used to predict the long-term performance of a policy, while threshold contracts …

threshold contracts stipulate a price level on the political information market that a politician must reach to have the right …. To solve this problem, we propose a triple mechanism involving political information markets, reelection threshold … contracts, and democratic elections. An information market is used to predict the long-term performance of a policy, while …

threshold contracts stipulate a price level on the political information market that a politician must reach to have the right …. To solve this problem, we propose a triple mechanism involving political information markets, reelection threshold … contracts, and democratic elections. An information market is used to predict the long-term performance of a policy, while …

analyse the stationary Markovian equilibria of this game and examine the consequences of threshold contracts, which forbid … reappointment if the principal's utility is too low. We identify the circumstances under which such threshold contracts are welfare …

threshold contracts stipulate a price level on the political information market that a politician must reach to have the right …. To solve this problem, we propose a triple mechanism involving political information markets, reelection threshold … contracts, and democratic elections. An information market is used to predict the long-term performance of a policy, while …

threshold contracts stipulate a price level on the political information market that a politician must reach to have the right …. To solve this problem, we propose a triple mechanism involving political information markets, reelection threshold … contracts, and democratic elections. An information market is used to predict the long-term performance of a policy, while …