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Gustavo Torrens

Articles by this author (2)

Who is the ultimate boss of legislators: Voters, special interest groups or parties?

by David Stadelmann, Gustavo Torrens    21 January 2020    0

WP 2020-01. Politicians have multiple principals. We investigate the weights that politicians put on the revealed preferences of their constituents, special interest groups and party when deciding on legislative proposals. Preferences of constituents, special interest groups and parties are (...)


Behavioral Biases: How Markets Can Outperform Paternalism

by David Stadelmann, Gustavo Torrens    11 November 2020    0

WP 2020-07. Decisions in laboratory experiments often reveal departures from the rational decision maker framework. These findings have been employed to legitimize a paternalistic approach for the government calling for policies that protect citizens from their own behavioral biases. This (...)