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    • Inefficient Policies and Incumbency Advanage 

      Hodler, Roland; Loertscher, Simon; Rohner, Dominic (Faculty of Economics, University of Cambridge, UK, 2007-08)
      We study incumbency advantage in a dynamic game with incomplete information between an incumbent and a voter. The incumbent knows the true state of the world, e.g., the severity of an economic recession or the level of ...