elicited (violation of procedure invariance). In this paper we examine precisely which classical conditions of rationality it …

rationality conditions are formulated, which are called behavioural and habitual rationality. While common knowledge of the former …

The literary source of the main ideas in Aumann's article ``Backward Induction and Common Knowledge of Rationality" is …

By reinterpreting Savage axioms as axioms of the social rationality over resource allocations, we derive a social …

The paper contrasts Lipset’s modernization hypothesis and Przeworski- Limongi hypothesis that entries into democracy … are random with respect to income. We use data on income and democracy going back to 1820, multiple definitions of … democracy, and non-parametric testing focusing on the distribution of entrants’ incomes. We find that income matters for entry …

politicians accountable to voters, as well as introduce more competition, which should decrease corruption. On the other hand, the … need for politicians to now raise campaign funds, as well as the increased availability of rents that results from economic …