Results 61 to 70 of about 19,771 (142)
Macroeconomic And Monetary Policies From The Eductive Viewpoint [PDF]
The quality of the coordination of expectations, a key issue for monetary policy, obtains from different, but interrelated, channels: both the credibility of the central bank intervention and the ability of decentralized agents to coordinate on a ...
Roger Guesnerie
core +3 more sources
Ministries That We Want: Legislative Behavior and Signaling of Portfolio Salience
Legislative Studies Quarterly, Volume 51, Issue 2, May 2026.ABSTRACT Measuring the value of cabinet portfolios is a fundamental task in the study of coalition politics. Yet existing measures are often static, have limited coverage, or assume that all parties value portfolios equally. In this paper, we introduce a new approach that overcomes these problems.
Fernando Meireles +2 more
wiley +1 more source
Horizon-Independent Optimal Prediction with Log-Loss in Exponential Families
, 2013 We study online learning under logarithmic loss with regular parametric models. Hedayati and Bartlett (2012b) showed that a Bayesian prediction strategy with Jeffreys prior and sequential normalized maximum likelihood (SNML) coincide and are optimal if ...
Bartlett, Peter +4 more
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Multidimensional Political Competition with Non-Common Beliefs [PDF]
This paper extends a probabilistic voting model with a multidimensional policy space, allowing candidates to have different prior probability distributions of the distribution of voters' ideal policies.
Kazuya Kikuchi
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Laboratory Experiments in Political Economy [PDF]
Most of the laboratory research in political science follows the style that was pioneered in experimental economics a half-century ago by Vernon Smith. The connection between this style of political science experimentation and economics experimentation ...
Thomas R. Palfrey
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Games of strategic complementarities: An application to bayesian games [PDF]
Games of strategic complementarities are those in which any player increases his action in response to an increase in the level of actions of rivals. This paper provides an introduction to the theory of games of strategic complementarities, considers ...
Vives, Xavier
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Contracting with Imperfect Commitment and Noisy Communication [PDF]
This paper provides new analytical tools for studying principal{agent problems with adverse selection and limited commitment. By allowing the principal to use general communication devices we overcome the literature's common, but overly restrictive focus
Helmut Bester, Roland Strausz
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A Dynamic Model of Democratic Elections in Multidimensional Policy Spaces [PDF]
We propose a general model of repeated elections. In each period, a challenger is chosen from the electorate to run against an incumbent politician in a majority-rule election, and the winner then selects a policy from a multidimensional policy space ...
Jeffrey S. Banks, John Duggan
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Information in Mechanism Design [PDF]
We survey the recent literature on the role of information in mechanism design. First, we discuss an emerging literature on the role of endogenous payoff and strategic information for the design and the efficiency of the mechanism.
Dirk Bergemann, Juuso Valimaki
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