We study the consequences of campaign finance disclosure laws in a model of informative campaign finance. Campaign spending can affect electoral outcomes and also signal policy information to politicians. Under mandatory disclosure donors may engage in spending that runs counter to their...

Can campaign communications credibly transmit information about candidates' policy intentions? To answer this question, I develop and analyze a game-theoretic model of campaign communication in a two-candidate majority rule election with multidimensional policies. Candidate and voter preferences...