Eric Jones has found that excessive taxes were detrimental for pre-modern China’s economic growth whereas moderate …. China’s contiguous geography allows bureaucrats to establish an autocratic tax system whereas Europe’s split geography …

reduces the probability of a transition to democracy or the prospect of good governance in autocracy. I discuss other …

probability of a transition from autocracy to democracy and reduces the probability of democratic survival. …

In this paper we use a transparent statistical methodology – synthetic control methods – to implement data … of countries that experienced a transition to autocracy with the growth of a convex combination of similar countries that … statistical framework, in a panel of 160 countries, we focus on 14 episodes of transition from democracy to autocracy. We find …

that the connection between overconfidence and innovation is more complex than the previous literature suggests. In … innovative activity. While overoptimism leads to an innovation enhancing effect, judgmental overconfidence inhibits innovation …. Our results indicate that future research is well advised to take into account that the relationship between innovation …

We study innovation contests with asymmetric information and identical contestants, where contestants’ efforts and … highest quality and receives the revenue generated by the innovation. We characterize the equilibrium behavior, outcomes and …