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We thank Richard Van Weelden for discussions that led to this project, as well as Nageeb Ali, Sandeep Baliga, Nina Bobkova, Alessandro Bonatti, Joyee Deb, Jeffrey Ely, Mehmet Ekmekci, Drew Fudenberg, Rohit Lamba, David Levine, Qingmin Liu, Alessandro Pavan, Carlo Prato, Doron Ravid, Refine.ink, João Ramos, Larry Samuelson, Andrzej Skrzypacz, Bruno Strulovici, Mike Ting, Juuso Välimäki, Alexander Wolitzky, and various audiences for helpful comments.
Supporting Information Filename Description ajps12860-sup-0001-appendix.pdf343.6 KB Appendix A: Proofs Appendix B: Voter Payoff Gains REFERENCES , , and . 1990. “Toward a Theory of Discounted Repeated Games with Imperfect Monitoring.” Econometrica 58(5): 1041–63. , and . 2016. “Inducing Leaders to Take Risky Decisions: Dismissal, Tenure, and Term Limits.” American Economic Journal: Microeconomics 8(3): 1–38. , and . 2020.
As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.