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The enforcement of mandatory disclosure rules (2018)
Journal Article
Dahm, M., González, P., & Porteiro, N. (2018). The enforcement of mandatory disclosure rules. Journal of Public Economics, 167, (21-32). doi:10.1016/j.jpubeco.2018.08.014. ISSN 0047-2727

This paper examines the incentives of a firm to invest in information about the quality of its product and to disclose its findings. If the firm conceals information, it might be detected and fined. We show that optimal monitoring is determined by a... Read More

Credence goods, costly diagnosis, and subjective evaluation (2017)
Journal Article
Bester, H., & Dahm, M. (2018). Credence goods, costly diagnosis, and subjective evaluation. Economic Journal, 128(611), doi:10.1111/ecoj.12472. ISSN 0013-0133

We study contracting between a consumer and an expert in a credence goods model when (i) the expert's choice of diagnosis effort is not observable, (ii) the expert might misrepresent his private information about the adequate treatment, and (iii) pay... Read More

A carrot and stick approach to agenda-setting (2015)
Journal Article
Dahm, M., & Glazer, A. (2015). A carrot and stick approach to agenda-setting. Journal of Economic Behavior and Organization, 116, doi:10.1016/j.jebo.2015.05.012. ISSN 0167-2681

This paper models a legislature in which the same agenda setter serves for two periods, showing how he can exploit a legislature (completely) in the first period by promising future benefits to legislators who support him. In equilibrium, a large maj... Read More

How a firm can induce legislators to adopt a bad policy (2012)
Journal Article
Dahm, M., Dur, R., & Glazer, A. (2014). How a firm can induce legislators to adopt a bad policy. Public Choice, 159(1-2), doi:10.1007/s11127-012-0016-z. ISSN 0048-5829

This paper shows why a majority of legislators may vote for a policy that benefits a firm but harms all legislators. The firm may induce legislators to support the policy by suggesting that it is more likely to invest in a district where voters or th... Read More