Details about Stefan Krasa

Access statistics for papers by Stefan Krasa.

Last updated 2023-10-16. Update your information in the RePEc Author Service.

Short-id: pkr426

Working Papers

2021

1. Demagogues and the Fragility of Democracy
   QAPEC Discussion Papers, Quantitative and Analytical Political Economy Research Centre

2020

2. Agenda-Setter Power Dynamics: Learning in Multi-Issue Bargaining
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
3. Personal Power Dynamics in Bargaining
   NBER Working Papers, National Bureau of Economic Research, Inc
   See also Journal Article Personal power dynamics in bargaining, Journal of Economic Theory, Elsevier (2022) View citations (1) (2022)

2013

4. Entrepreneurs, Risk Aversion and Dynamic Firms
   Centre for Growth and Business Cycle Research Discussion Paper Series, Economics, The University of Manchester View citations (2)
   See also Journal Article Entrepreneurs, Risk Aversion, and Dynamic Firms, Journal of Political Economy, University of Chicago Press (2015) View citations (46) (2015)

2012

5. Elites or Masses? A Structural Model of Policy Divergence, Voter Sorting and Apparent Polarization in U.S. Presidential Elections, 1972-2008
   CESifo Working Paper Series, CESifo

2011

6. Social Ideology and Taxes in a Differentiated Candidates Framework
   CESifo Working Paper Series, CESifo View citations (1)
   See also Journal Article Social Ideology and Taxes in a Differentiated Candidates Framework, American Economic Review, American Economic Association (2014) View citations (29) (2014)

2010

7. Competition between Specialized Candidates
   CESifo Working Paper Series, CESifo View citations (35)
   See also Journal Article Competition between Specialized Candidates, American Political Science Review, Cambridge University Press (2010) View citations (33) (2010)

2009

8. Entrepreneurs, Legal Institutions and Firm Dynamics
   Centre for Growth and Business Cycle Research Discussion Paper Series, Economics, The University of Manchester View citations (6)
   See also Journal Article Entrepreneurs, legal institutions and firm dynamics, Economic Theory, Springer (2017) View citations (5) (2017)
9. Political Competition between Differentiated Candidates
   CESifo Working Paper Series, CESifo View citations (9)
   See also Journal Article Political competition between differentiated candidates, Games and Economic Behavior, Elsevier (2012) View citations (35) (2012)

2007

10. Majority-efficiency and Competition-efficiency in a Binary Policy Model
    CESifo Working Paper Series, CESifo View citations (2)

2006

11. Political Polarization and the Electoral Effects of Media Bias
    CESifo Working Paper Series, CESifo View citations (15)
    See also Journal Article Political polarization and the electoral effects of media bias, Journal of Public Economics, Elsevier (2008) View citations (113) (2008)

2004

12. Enforcement and Firm Finance
    2004 Meeting Papers, Society for Economic Dynamics View citations (3)

1997

13. Efficiency with Incomplete Information
    Vienna Economics Papers, University of Vienna, Department of Economics View citations (1)

1991

14. Optimal contingent bank liquidation under moral hazard
    Working Paper Series, Issues in Financial Regulation, Federal Reserve Bank of Chicago View citations (4)

1990

15. NON-EXISTENCE AND INEFFICIENCY OF EQUILIBRIA WITH AMERICA OPTIONS AND CONVERTIBLE BONDS
    University of Chicago - Economics Research Center, Chicago - Economics Research Center

Journal Articles

2022

1. Demagogues and the Economic Fragility of Democracies
   American Economic Review, 2022, 112, (10), 3331-66 View citations (6)
2. Personal power dynamics in bargaining
   Journal of Economic Theory, 2022, 205, (C) View citations (1)
   See also Working Paper Personal Power Dynamics in Bargaining, NBER Working Papers (2020) (2020)

2020

3. Political Conflict over Time
   American Journal of Political Science, 2020, 64, (3), 554-568 View citations (1)

2018

4. Political Competition in Legislative Elections
   American Political Science Review, 2018, 112, (4), 809-825 View citations (16)

2017

5. Entrepreneurs, legal institutions and firm dynamics
   Economic Theory, 2017, 63, (1), 263-285 View citations (5)
   See also Working Paper Entrepreneurs, Legal Institutions and Firm Dynamics, Centre for Growth and Business Cycle Research Discussion Paper Series (2009) View citations (6) (2009)

2015

6. Entrepreneurs, Risk Aversion, and Dynamic Firms
   Journal of Political Economy, 2015, 123, (5), 1133 - 1176 View citations (46)
   See also Working Paper Entrepreneurs, Risk Aversion and Dynamic Firms, Centre for Growth and Business Cycle Research Discussion Paper Series (2013) View citations (2) (2013)

2014

7. Policy Divergence and Voter Polarization in a Structural Model of Elections
   Journal of Law and Economics, 2014, 57, (1), 31 - 76 View citations (6)
8. Social Ideology and Taxes in a Differentiated Candidates Framework
   American Economic Review, 2014, 104, (1), 308-22 View citations (29)
   See also Working Paper Social Ideology and Taxes in a Differentiated Candidates Framework, CESifo Working Paper Series (2011) View citations (1) (2011)

2012

9. Political competition between differentiated candidates
   Games and Economic Behavior, 2012, 76, (1), 249-271 View citations (35)
   See also Working Paper Political Competition between Differentiated Candidates, CESifo Working Paper Series (2009) View citations (9) (2009)

2010

10. Competition between Specialized Candidates
    American Political Science Review, 2010, 104, (4), 745-765 View citations (33)
    See also Working Paper Competition between Specialized Candidates, CESifo Working Paper Series (2010) View citations (35) (2010)
11. The binary policy model
    Journal of Economic Theory, 2010, 145, (2), 661-688 View citations (19)

2009

12. Is mandatory voting better than voluntary voting?
    Games and Economic Behavior, 2009, 66, (1), 275-291 View citations (89)
13. Small firms in the SSBF
    Annals of Finance, 2009, 5, (3), 341-359 View citations (4)

2008

14. Bankruptcy and firm finance
    Economic Theory, 2008, 36, (2), 239-266 View citations (30)
15. Political polarization and the electoral effects of media bias
    Journal of Public Economics, 2008, 92, (5-6), 1092-1104 View citations (113)
    See also Working Paper Political Polarization and the Electoral Effects of Media Bias, CESifo Working Paper Series (2006) View citations (15) (2006)

2007

16. Limited observability as a constraint in contract design
    Journal of Economic Theory, 2007, 134, (1), 379-404 View citations (1)

2005

17. Debt contracts and cooperative improvements
    Journal of Mathematical Economics, 2005, 41, (7), 857-874 View citations (6)

2003

18. Coalition structure values in differential information economies: is unity a strength?
    Journal of Mathematical Economics, 2003, 39, (1-2), 51-62 View citations (9)
19. Optimal Contracts when Enforcement is a Decision Variable: A Reply
    Econometrica, 2003, 71, (1), 391-393 View citations (8)

2001

20. Core concepts in economies where information is almost complete
    Economic Theory, 2001, 18, (2), 451-471 View citations (7)
    See also Chapter Core concepts in economies where information is almost complete, Studies in Economic Theory, 2005, 397-417 (2005) (2005)
21. Informational Robustness of Competitive Equilibria
    Journal of Economic Theory, 2001, 101, (2), 494-518 View citations (2)

2000

22. Optimal Contracts when Enforcement Is a Decision Variable
    Econometrica, 2000, 68, (1), 119-134 View citations (120)

1999

23. Unimprovable Allocations in Economies with Incomplete Information
    Journal of Economic Theory, 1999, 87, (1), 144-168 View citations (9)

1996

24. Existence and properties of a value allocation for an economy with differential information
    Journal of Mathematical Economics, 1996, 25, (2), 165-179 View citations (6)
    See also Chapter Existence and properties of a value allocation for an economy with differential information, Studies in Economic Theory, 2005, 527-540 (2005) (2005)
25. Money and Storage in a Differential Information Economy
    Economic Theory, 1996, 8, (2), 191-210 View citations (23)
    Also in Economic Theory, 1996, 8, (2), 191-209 (1996) View citations (26)

1994

26. An Elementary Proof of the Knaster-Kuratowski-Mazurkiewicz-Shapley Theorem
    Economic Theory, 1994, 4, (3), 467-71 View citations (5)
27. Optimal Multilateral Contracts
    Economic Theory, 1994, 4, (2), 167-87 View citations (24)
    See also Chapter Optimal multilateral contracts, Studies in Economic Theory, 2005, 319-340 (2005) (2005)
28. The Value Allocation of an Economy with Differential Information
    Econometrica, 1994, 62, (4), 881-900 View citations (39)
    See also Chapter The value allocation of an economy with differential information, Studies in Economic Theory, 2005, 507-526 (2005) View citations (1) (2005)

1993

29. Non-existence and Inefficiency of Equilibria with American Options
    Economic Theory, 1993, 3, (1), 169-76 View citations (3)

1992

30. A Theory of Optimal Bank Size
    Oxford Economic Papers, 1992, 44, (4), 725-49 View citations (36)
31. Monitoring the monitor: An incentive structure for a financial intermediary
    Journal of Economic Theory, 1992, 57, (1), 197-221 View citations (88)

1991

32. Equilibria with options: Existence and indeterminacy
    Journal of Economic Theory, 1991, 54, (2), 305-320 View citations (6)

1989

33. Existence of competitive equilibria for option markets
    Journal of Economic Theory, 1989, 47, (2), 413-421 View citations (2)

Chapters

2005

1. Core concepts in economies where information is almost complete
   Springer
   See also Journal Article Core concepts in economies where information is almost complete, Springer (2001) View citations (7) (2001)
2. Existence and properties of a value allocation for an economy with differential information
   Springer
   See also Journal Article Existence and properties of a value allocation for an economy with differential information, Elsevier (1996) View citations (6) (1996)
3. Optimal multilateral contracts
   Springer
   See also Journal Article Optimal Multilateral Contracts, Springer (1994) View citations (24) (1994)
4. The value allocation of an economy with differential information
   Springer View citations (1)
   See also Journal Article The Value Allocation of an Economy with Differential Information, Econometric Society (1994) View citations (39) (1994)