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Do sanctions strengthen the targeted regime? I analyze the 2014 imposition of Western sanctions on Russia and its impact on voting. The US and the EU introduced targeted measures against Russian entities and individuals related to Putin's regime. Using polling station-level data I investigate...
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This paper presents an analysis of general time preferences in the canonical Rubinstein (1982) model of bargaining, allowing for arbitrarily history-dependent strategies. I derive a simple sufficient structure for optimal punishments and thereby fully characterize (i) the set of equilibrium...
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This paper studies how the swiftness and delay of punishment affect behavior. Using rich administrative data from … beliefs, as reflected in our survey. Yet, we document large mechanical benefits of swift punishment and provide a theoretical …
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