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Using the political-economic history of the development of telephony during the 1870s as a backdrop, this paper studies a two-player Tullock contest that includes both research effort (R&D) and legal effort (i.e., rent-seeking effort). The two types of efforts complement each other and...
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Despite the general usefulness of citations as a sort of test of the value of one's work in the marketplace of ideas, journals and publishers tend to use alternative bases of judgment, namely committees, in selecting candidates for the conferral of journals' best paper awards. Given that...
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The 2017 U.S. Senate Special Election in Alabama, which was decided on 12 December 2017, was one of the most contentious and scandal-laden political campaigns in recent memory. The Republican candidate, Roy Moore, gained notoriety during the 2017 campaign when a number of women alleged to...
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The relative bargaining power of the buyer and seller is a key feature of real estate pricing models. Classic real estate studies have sought to address bargaining effects in hedonic regression models. Prior research proposes a procedure to estimate bargaining effects in hedonic regression...
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This study fills a void in the literature by providing the first evaluation of the impact of consumer ratings on beer prices using hedonic methods. Our work is based on a dataset consisting of over 400 beers and includes information on calorie content, alcohol content, user rating, and style for...
Persistent link: https://www.econbiz.de/10011632642
Interest in politics and the political process-topics that economists consider to be the purview of the sub-field of study known as public choice-appears to be as high as ever. This Special Issue aims to provide a collection of high-quality studies covering many of the varied topics...
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This study extends the political science and political psychology literature on the political ideology of lawmakers by addressing the following question: How stable is a legislator's political ideology over time? In doing so, we employ Nokken-Poole scores of legislators' political ideology for...
Persistent link: https://www.econbiz.de/10012021683