This paper analyzes contests where contestants have private information about their abilities, and these abilities may be correlated. It differs from previous work chiefly in that it allows for such imperfect correlation, and that it restricts attention to a discrete output space. The latter...

This article provides a general theory explaining the geographic and population size and wealth of nations. Successful countries create conditions for high productivity in the economic sphere by enforcing property rights and providing social overhead capital and at the same time minimize...

This article discusses the necessary conditions for two countries at war to come to a settlement and explores how domestic and military costs, time preferences and attitudes toward risk affect the timing and the outcome of the peace. It views the termination of war as a process of rational...

We demonstrate the existence of an electoral equilibrium in a model with three or more candidates. We use the same kinds of assumptions that have previously been used to establish existence in two-candidate models and have not had to make special assumptions regarding dimensionality (e.g., that...

There is a long-standing difference amongst public economists between those who think that collective choice must be formally acknowledged, and those who derive their policy recommendations from a social planning framework in which politics plays no role. The purpose of this book is to...