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In a contest group-specific public goods we consider the effect that managing an interest group has on the rent dissipation and the total expected payoffs of the contest. While in the first group, there is a central planner determining its members' expenditure in the contest, in the second group...
Persistent link: https://www.econbiz.de/10013123494
Government intervention often gives rise to contests and the government can influence their outcome by choosing their type. We consider a contest with two interest groups: one that is governed by a central planner and one that is not. Rent dissipation is compared under two well-known contest...
Persistent link: https://www.econbiz.de/10013061935
lobbying activities. …
Persistent link: https://www.econbiz.de/10009781546
While there is now a large literature on the negative aspects of social capital, recent discussions of social capital within the public choice literature have tended to focus on the positive role of social capital in solving collective action problems and promoting political accountability....
Persistent link: https://www.econbiz.de/10014187152
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We examine the impact of foreign corruption regulation on economic development in highcorruption-risk areas. We find … subject to the FCPA increases by 8%. Local perceptions of corruption also significantly decline. Consistent with the increase … activity increases by 37%. Overall, our findings suggest that anti-corruption regulation originating in developed countries is …
Persistent link: https://www.econbiz.de/10013349794
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Last December, downtown Athens experienced three nights of street battles, arson, and looting that became headlines in the international press. We argue that the reasons for this extreme social turbulence are related to the regulatory and institutional rigidities that still prevail in Greece's...
Persistent link: https://www.econbiz.de/10013125195
Last December, downtown Athens experienced three nights of street battles, arson, and looting that became headlines in the international press. We argue that the reasons for this extreme social turbulence are related to the regulatory and institutional rigidities that still prevail in Greece's...
Persistent link: https://www.econbiz.de/10013082364