Working Papers

These papers are working drafts of research which often appear in final form in academic journals. The published versions may differ from the working versions provided here.

SSRN Research Paper Series

The Social Science Research Network’s Research Paper Series includes working papers produced by Stanford GSB the Rock Center.

You may search for authors and topics and download copies of the work there.

Academic Area
Centers & Initiatives
Results for

Veto Players and Policy Development

Alex Hirsch, Ken Shotts
October142024

We analyze the effects of veto players when the set of available policies isn’t exogenously fixed, but rather determined by policy developers who work to craft new high-quality proposals. If veto players are moderate, there is active competition…

What Happens When Anyone Can Be Your Representative? Studying the Use of Liquid Democracy for High-Stakes Decisions in Online Platforms

Andrew B. Hall, Sho Miyazaki
October2024

Since the 19th century, political reformers have proposed broadening civic and corporate governance by allowing voters to delegate to any other voter — sometimes known as liquid democracy. Today, systems like liquid democracy have become an…

Media Consolidation

Gregory J. Martin, Arianna Ornaghi, Nicola Mastrorocco, Joshua McCrain
September2024

Recent decades have seen major changes to the local media environment in the United States, with the absorption of many formerly independent local TV stations into conglomerates. Using a comprehensive dataset of acquisitions, we examine the…

Present Bias in Politics and Self-Committing Treaties

BĂĄrd Harstad, Anke Kessler
August2024

We study how international agreements can take advantage of domestic time-inconsistency problems in the context of environmental policies. For example, policymakers will prefer future policies to be sustainable, but find it tempting to raise…

The Incentives to (Not) Debate in Low-Information Races

Katherine Casey, Rachel Glennerster
August2024

Why are there few debates in low-information elections where they have the greatest potential to inform vote choices? Consistent with weak incentives to reveal qualifications or make policy commitments, we find only a quarter of Parliamentary…

The Gas Trap: Outcompeting Coal vs. Renewables (R&R, JPE)

BĂĄrd Harstad, Katinka Holtsmark
July2024

We analyze a fundamental dilemma and time-inconsistency problem facing a climate coalition producing natural gas. In the short term, it is tempting to export more to outcompete coal. When this policy is anticipated, however, investments in…

Democracy Corrupted: Apex Corruption and the Erosion of Democratic Values

Eduardo Rivera, Enrique Seira, Saumitra Jha
May2024

Democratic values are eroding just as citizens perceive increasing corruption, with numerous cases implicating the highest-level politicians. Could perceived increases in apex corruption be weakening democracy? We first present event study…

Political Trenches: War, Partisanship, and Polarization

Pauline Grosjean, Saumitra Jha, Michael Vlassopoulos, Yves Zenou
December2023

We study the dynamics between local segregation, partisanship, and political polarization. We exploit large-scale, exogenous and high-stakes peer assignment due to universal conscription of soldiers assigned from each of 34,947 municipalities to…

What Kinds of Incentives Encourage Participation in Democracy? Evidence from a Massive Online Governance Experiment

Andrew B. Hall, Eliza R. Oak
November2023

How can we democratically govern the AI, social media, and online platforms of the future? Today, low participation is a major barrier to community governance online. We leverage a digital quasi-experiment that allows us to study the links…

Conservation by Lending

BĂĄrd Harstad, Kjetil Storesletten
August252023

Contingent Trade Agreements (R&R, Economic Journal)

BĂĄrd Harstad
June22023

How can trade motivate environmental conservation? I develop a model that combines trade-specific investments (e.g., deforestation) with environmental externalities. Traditional trade agreements raise investments and thus deforestation.…

Trade and Trees

BĂĄrd Harstad
June2023

International trade and tropical deforestation interact in multiple ways. This paper first presents a dynamic model whereby the South (S) depletes to export the extracted units (timber) or the produce (beef) from land available after…

Financial Market Exposure Increases Generalized Trust, Particularly among the Politically Polarized

Saumitra Jha, Moses Shayo, Chagai M. Weiss
March2023

Generalized trust is essential for supporting the functioning of modern societies, yet many countries experience limited trust. Given the social, economic, and political benefits of trust, it is crucial to understand how to increase generalized…

Revolutionary Contagion

Saumitra Jha, Steven Wilkinson
March2023

We compare political mobilization and support for democratic values during the French Revolution among the home bailliages and among individual members of French regiments sent with the Comte de Rochambeau to fight alongside American…

Election-Denying Republican Candidates Underperformed in the 2022 Midterms

Janet Malzahn, Andrew B. Hall
February2023

We combine newly collected election data with records of public denials of the results of the 2020 election to estimate the degree to which election-denying Republican candidates for senator, governor, secretary of state, and attorney general…

Organizational Capacity and Project Dynamics

Dana Foarta, Michael M. Ting
January2023

This paper provides a dynamic theory of the effects of organizational capacity on public policy. Consistent with prevailing accounts, a bureaucratic organization with higher capacity, i.e., a better ability to get things done, is more likely to…

Conquered but not Vanquished: Complementarities and Indigenous Entrepreneurs in the Shadow of Violence

Alberto Diaz-Cayeros, Saumitra Jha
October2022

Under what conditions can members of poor disenfranchised communities survive and even foster entrepreneurship in environments where violence is cheap? How do such conditions alter ethnic identities and political institutions? In this paper, we…

The Common Determinants of Legislative and Regulatory Complexity

Dana Foarta, Massimo Morelli
September2022

Legislative and regulatory reforms often contain various forms of complexity — multiple contingencies, exemptions and alike. Complexity may be desirable if it better satisfies the needs of political constituencies, and if these benefits are…

Civil and Ethnic Conflict in Historical Political Economy

Saumitra Jha
July2022

Despite great falls in global poverty, civil and ethnic conflict remains tragically common. In this chapter, I examine the patterns of persistence and change in conflict around the world through the lens of historical political economy. I compare…

Markets under Siege: How Differences in Political Beliefs can Move Financial Markets

Saumitra Jha, Peter Koudijs, Marcos Salgado
February142022

Can differences in beliefs about politics, particularly the benefits of war and peace, move markets? During the Siege of Paris by the Prussian army (1870–71) and its aftermath, we document that the price of the French 3% sovereign bond (rente)…