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(Dis)honesty and the Value of Transparency for Campaign Promises. (2020). Schudy, Simeon ; Lang, Matthias ; Dermot, Simeon Andreas.
In: CESifo Working Paper Series.
RePEc:ces:ceswps:_8366.

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  1. Why do oaths work? Image concerns and credibility in promise keeping. (2023). Villeval, Marie Claire ; Kingsuwankul, Sorravich ; Tergiman, Chloe.
    In: Working Papers.
    RePEc:gat:wpaper:2316.

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  1. A promise is credible, if and only if the probability of keeping such a promise is maximal among all interior promises. We refer to this class of equilibria as retrospectiveprospective equilibria. This equilibrium selection contrasts with the literature on voting to aggregate information or ideological voting, where voters’ information or preferences for policy options differ and pivotality of voters plays a crucial role. In our setting, the information and preferences for policy options are the same for all voters except for the two candidates. Focusing on retrospective-prospective equilibria then “picks the best possible equilibrium from the voters’ point of view in a restricted class of voting rules” In this case, we allow for random tie-breaking if both candidates make the same promise and voters are indifferent between the resulting equilibria. See also below description of this class of equilibria by Persson et al. (1997). i
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