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The author discusses recent work in the anarchy literature and suggests avenues for progress in this area …
Persistent link: https://www.econbiz.de/10014198909
The paper investigates the prospects for “neutral” arbitration in anarchy, in which the parties to a dispute have no … to some standard or norm external to the parties. In anarchy, the use of an external norm may reduce the likelihood that …
Persistent link: https://www.econbiz.de/10012945461
Anarchy, simply put, means a society without government. Unfortunately, when most people use the word, they typically … make it mean something like chaos, or civil unrest; they equate anarchy with Hobbes's jungle where life is 'poore, nasty …, brutish and short'. Anarchy, for them, is the penchant for society's destruction maintained by disaffected suburban youth who …
Persistent link: https://www.econbiz.de/10013001902
architecture. As such, the Lex Cryptographia ecosystem is not an anarchy to the extent that rules, although cryptographic in nature …
Persistent link: https://www.econbiz.de/10012859615
Who will make and enforce the rules of 'cyberspace'? In this paper, I look at the question by positing various 'controllers,' or points from which rules can issue, ranging from the technical protocols defining the inter-network at one end of the spectrum to Congressional statutes on the other....
Persistent link: https://www.econbiz.de/10012754096
Anarchy and the Law assembles for the first time in one volume the most important classic and contemporary studies … Benson, Anarchy and the Law features the key studies exploring and debating the efficacy of individual choice and markets … conservatives argue in favor of political constraints, Anarchy and the Law examines whether to check against abuse, government power …
Persistent link: https://www.econbiz.de/10014185618
. Explorations in the Theory of Anarchy and Further Explorations in the Theory of Anarchy, published in 1972 and 1974 (Tullock, 1972 … and 1974a). This volume contains seven responses to the essays in Explorations in the Theory of Anarchy, as well as …
Persistent link: https://www.econbiz.de/10014160178
We analyze the relationship between legal institutions, innovation and growth. We compare a rigid (law set ex-ante) legal system and a flexible one (law set after observing current technology). The flexible system dominates in terms of welfare, amount of innovation and output growth at...
Persistent link: https://www.econbiz.de/10009153886
We analyze the relationship between legal institutions, innovation and growth. We compare a rigid (law set ex-ante) legal system and a flexible one (law set after observing current technology). The flexible system dominates in terms of welfare, amount of innovation and output growth at...
Persistent link: https://www.econbiz.de/10013067864
The purpose of this paper is twofold. We first develop a contractarian theory of redistribution. The existence of rules of redistribution is explained without any recourse to the risk-aversion of individuals. Hence, we depart from the standard legitimization of redistribution as fundamental...
Persistent link: https://www.econbiz.de/10009781638