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In this paper we propose an electoral model that studies the interaction between the distribution of voters ideal policies and the success of dynastic politicians. Electoral success of politicians depends on their ability to implement better policies for the voters because campaign promises are...
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We prove a negative result in repeated games which shows that a sizable part of the set of feasible individually rational payoffs can never be supported by strategies that are at all robust to players' discount factors. We find the cutoff defining this region and interpret it as a limit on the...
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This paper proposes a general competing mechanism game of incomplete information where a mechanism allows its designer to send a message to himself at the same time agents send messages. This paper introduces a notion of robust equilibrium. If each agent’s payoff function is separable with...
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