The 2025 Princeton-Warwick-Yale Political Economy Conference will be held May 12-13, 2025 at the Shard in London. The program includes two days of presentations, including 

Evidence on the effect of extreme weather events or natural disasters on the risk of armed conflict is mixed. While it could be the case that one of the competing arguments is "true" and others are not, this paper examines another possibility: disasters can have heterogeneous effects on conflict risks and, consequently, systematically make…

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We study the optimal incentives provision in non-stationary, long-term projects. A project’s progress is modeled by a Brownian motion that must hit a target level for completion. An agent has CARA preferences, can privately save and borrow, and exerts hidden effort to increase the process’s drift. Thanks to the absence of wealth effects, the…

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We experimentally study an environment where a group of senders communicates with a receiver by disclosing or not disclosing a realized outcome. Group members have distinct preferences over disclosure/non-disclosure, and aggregate their interests into a collective disclosure decision via a given deliberation procedure. In line with theoretical…

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