We present a legislative bargaining model of the provision of a durable public good over an infinite horizion. In each period, there is a societal endowment which can either be invested in the public good or consumed. We characterize the optimal public policy, defined by the time path of...

This paper reports the results from a laboratory experiment designed to study political distortions in the accumulation of public debt. A legislature bargains over the levels of a public good and of district specific transfers in two periods. The legislature can issue or purchase risk-free bonds...

One argument against secret ballots is that such procedures lead to more selfish voting behavior and that public voting can increase prosocial voting and the likelihood of prosocial outcomes when voters are not subject to intimidation and coercion from outside interests. We investigate this...