. The results show that realized investment ratios decreased in years when state elections occurred relative to the average … investment ratio in years with no state election. Firms however seem to anticipate electoral uncertainty already when making … develop better before state elections and worse after state elections. The second part of this dissertation investigates how …

Studies of voting behavior in advanced industrial societies have demonstrated that voters rely on a plethora of … complex voting decisions. However, there is less understanding of how voters make these types of decisions in the absence of … democratic experience and strong party ties. Utilizing the 1990 German Unification Election Study, I examine a natural experiment …

We introduce a solution concept in the context of large elections with private information by embedding a model of … boundedly rational voters into an otherwise standard equilibrium setting. A retrospective voting equilibrium (RVE) formalizes …

In a common-values election where voters receive a signal about which candidate is superior, suppose there is a small …