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In order to explain the apparently paradoxical presence of acceptable governance in many non-democratic regimes … propose that population plays a similar role in guaranteeing the quality of governance and redistribution. We argue and … threat to a dictatorship, inducing it to yield to more redistribution and better governance. We bring this centered concept …
Persistent link: https://www.econbiz.de/10009363276
Contracts often reward inefficient tasks and are not enforced ex post. We provide a new explanation based on the relationship between explicit contracts and implicit agreements, distinguishing the ex-ante decision to sign a contract from the ex-post decision whether to apply it. We show that it...
Persistent link: https://www.econbiz.de/10008854495