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Societies see growing support for populist politicians who advocate an end to globalization. Our behavioral economics model links impatience to voters’ appraisals of an income shock due to globalization that is associated with short-run costs and delayed gains. The model shows that impatient...
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We analyze institutional solutions to international cooperation when collective action creates negative externalities and splits the actors into supporters and opponents, all of whom can spend resources toward their preferred outcome. We study how actors can communicate their preferences through...
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