Games with imperfect information often feature multiple equilibria, which depend on beliefs off the equilibrium path. Standard selection criteria such as passive beliefs, symmetric beliefs or wary beliefs rest on ad hoc restrictions on beliefs. We propose a new selection criterion that imposes...

Games with imperfect information often feature multiple equilibria, which depend on beliefs off the equilibrium path. Standard selection criteria such as passive beliefs, symmetric beliefs or wary beliefs equilibria rest on ad hoc restrictions on beliefs. We propose a new selection criterion...

Games with imperfect information often feature multiple equilibria, which depend on beliefs off the equilibrium path. Standard selection criteria such as passive beliefs, symmetric beliefs or wary beliefs rest on ad hoc restrictions on beliefs. We propose a new selection criterion that imposes...

Bouton et al. (2022) compare the properties of majority run-off and plurality rule elections in a laboratory setting, focusing on Duverger's prediction that plurality rule leads to higher levels of strategic voting. They produce a causal estimate of the difference in incidence of strategic...

We present an electoral theory on the public provision of local public goods to an imperfectly informed electorate. We show that electoral incentives lead to greater spending if the electorate is not well informed. A more informed electorate induces candidates to target funds only to specific...

We experimentally investigate information aggregation through majority voting when some voters are biased. In such situations, majority voting can have a 'dark side', i.e. result in groups making choices inferior to those made by individuals acting alone. We develop a model to predict how two...

We experimentally investigate information aggregation through majority voting when some voters are biased. In such situations, majority voting can have a "dark side", that is, result in groups making choices inferior to those made by individuals acting alone. In line with theoretical...