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Rainer Schwabe

Department of Economics                                                                 Phone: (732)429-9411

Princeton University                                                          Email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Princeton, NJ 08544                                                                                              Sex: Male

www.rainer-schwabe.info

Education

Princeton University, Ph.D. in Economics (expected May 2010)

Princeton University, M.A. in Economics (May 2006)

Instituto Tecnológico Autónomo de México (ITAM), M.A. in Economic Theory (June 2004)

University of Notre Dame, B.B.A. in Business Administration with Finance Concentration (May 2000)

General Examination

Political Economy and Microeconomic Theory (May 2006)

Research Interests

Political Economy, Formal Political Theory, Game Theory, Choice Theory, Microeconomic Theory

Job Market Paper

Reputation and Accountability in Repeated Elections

Abstract: This paper studies a model of infinitely repeated elections in which voters attempt simultaneously to select competent politicians and to provide them with incentives to exert costly effort. Voters are unable to incentivize effort if they base their reelection decisions only on incumbent reputation. However, equilibria in which voters use reputation-dependent performance cutoffs (RDC) to make reelections decisions exist and support positive effort. In these equilibria, politicians’ effort is decreasing in reputation, and expected performance is decreasing in tenure. Like the equilibria in Ferejohn 1986, RDC equilibria rely on voters being indifferent between reelecting incumbents and electing challengers. I show that this voter-indifference condition is closely related to weak renegotiation-proofness (Farrell and Maskin 1989).

Other Working Papers

“Super Tuesday: Campaign Finance and the Dynamics of Sequential Elections”

“Preference for Variety: A Representation Theorem and Implications for Industrial Organization” with Karen Kaiser

“Recruiting, Elections, and the Quality of Government”

Teaching Experience

Undergraduate courses at Princeton University:

Fall 2009     ECO 300 Microeconomic Theory (Smita Brunnermeier)

Summer 2009     Tutor and Grader, Junior Summer Institute (Statistics and Microeconomics)

Spring 2007     ECO 350 American Economic History (Elizabeth Bogan)

                        ECO 418 Strategy and Information (Dilip Abreu)

Fall 2006         Grader, ECO 385 / CHV 345 Ethics and Economics (Thomas Leonard)

Other teaching experience:

2003                Grader for MBA Microeconomics course, ITAM

Summer 1997  English as a second language instructor, Polish University of Lithuania

Other Research Experience

2007                Research Assistant for Prof. Roland Benabou, Princeton University

2002-2004       Research Assistant for Prof. Sangeeta Pratap, ITAM

Professional Experience

2001-2002       Equity Research Analyst, EFG Hermes                                    Cairo, Egypt

2000-2001       Financial Advisor, Prudential Apolo                      Aguascalientes, Mexico

Languages

Fluent English and Spanish

References

John Londregan                      Scott Ashworth                       Stephen Morris

Woodrow Wilson School        Department of Politics            Department of Economics

217 Bendheim Hall                 038 Corwin Hall                     211 Fisher Hall

Princeton, NJ 08544               Princeton, NJ 08544               Princeton, NJ 08544

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Adam Meirowitz

Department of Politics

040 Corwin Hall

Princeton, NJ 08544

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