This paper presents and investigates a new data set of individual residential property transactions in England. The main novelty of the data is the record of all listing price changes and all offers made on a property, as well as all the visits by potential buyers for a subset of the properties....

This paper studies the nonparametric identification and estimation of voters' preferences when voters are ideological. We build on the methods introduced by Degan and Merlo (2009) representing elections as Voronoi tessellations of the ideological space. We exploit the properties of this...

In this paper we present a structural approach to the study of government formation in multi-party parliamentary democracies. The approach is based on the estimation of a stochastic bargaining model which we use to investigate the effects of specific institutional features of parliamentary...

In this paper we estimate a bargaining model of government formation in parliamentary democracies. We use the estimated structural model to conduct constitutional experiments aimed at evaluating the impact of institutional features of the political environment on the duration of the government...

Models of government formation processes in multi party democracies are usually highly sensitive to the rules that govern the selection of formateurs (i.e., the parties selected to propose a potential government). The theoretical literature has focused on two selection rules: selection...

Many unions in the United States have for several years engaged in what is known as pattern bargaining; a union determines a sequence for negotiations with firms within an industry where the agreement with the first firm becomes the take-it-or-leave-it offer by the union for all subsequent...

Theories in political economy depend critically on assumptions about motivations of politicians. Our analysis starts from the premise that politicians, like other economic agents, are rational individuals who make career decisions by comparing the expected returns of alternative choices. The...

We conduct a model validation analysis of several behavioral models of voter turnout, using laboratory data. We call our method of model validation concealed parameter recovery, where estimation of a model is done under a veil of ignorance about some of the experimentally controlled parameters...