1. Political Economy
A Multi-issue and Stochastic Model of Candidate Competition (with Stefan Krasa) (2008)
We introduce a general framework in which there are several policy dimensions (``issues'') and finitely...
Political Polarization and the Electoral Effects of Media Bias (with Stefan Krasa and Dan Bernhardt), Journal of Public Economics (2008)
Many political commentators diagnose an increasing polarization of the U.S. electorate into two opposing camps....
Primaries as Coordination Devices (with Helios H. Herrera), Working Paper (2008)
To analyze the advantages and disadvantages of the U.S. presidential primary system, we construct a...
The Binary Policy Model (with Stefan Krasa) (2007)
We introduce a general framework in which politicians choose a sequence of binary policies. The...
The option to wait in collective decisions (with Matthias Messner) (2007)
We analyze a model in which voters learn over time their preferences regarding an irreversible...
2. Insurance Economics
Endogenous categorization in insurance (2008)
This paper analyzes the welfare properties of equilibrium when insurers use observable actions to classify...
Advantageous Effects of Regulatory Adverse Selection (with Mike Hoy and Asha Sadanand), Economic Journal (2006)
This paper is concerned with the effects of regulations that prohibit the use of information...
The Value of Genetic Information in the Life Insurance Market, Journal of Public Economics (2000)
3. Industrial Organization and applied game theory
Information and Crowding Externalities, Economic Theory (2006)
We analyze a model in which agents have to make a binary choice under incomplete...
Cooperation in Stochastic OLG Games (with Matthias Messner), Journal of Economic Theory (2003)
This paper builds on Cremer's (1986) seminal analysis which shows that (almost) complete cooperation can...