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This paper examines the empirical relationship between the quality of the Indian judiciary and the economic development of the Indian States and Union Territories. It evaluates this causality by analysing the development of the state-level per capita income and poverty rates. I define the...
Persistent link: https://www.econbiz.de/10005412513
advantage in the conflict or that the joint production process exhibits increasing returns. Nor is there any presumption that …, the formation of alliances tends to reduce the severity of the conflict over the contestable resource. Furthermore …, despite the internal conflict that arises among the winning alliance’s members over the distribution of their joint product …
Persistent link: https://www.econbiz.de/10005126004
dependence upon primary commodity exports and a large diaspora substantially increase the risk of conflict. Inconsistent with the … grievance theory, greater ethnic and religious diversity reduce the risk of conflict. The results are robust to correction for …
Persistent link: https://www.econbiz.de/10005407738
The article aims at suggesting possible conjectures on Al-Qaeda's logic and structure. Even if the organization's secrecy makes any empirical evidence difficult to find, some insight can be provided by economic theory of contests: in this terms, Al-Qaeda can be acknowledged like an agent...
Persistent link: https://www.econbiz.de/10005408420
This paper considers a partial equilibrium model of conflict where two asymmetric, rational and risk-neutral opponents … conflict in order to appropriate a positive fraction of a stake. An institutional constraint is modelled through an exogenously … conflicting agents are willing to commit themselves to ease the conflict joining an institutional setting they do not ‘disarm …
Persistent link: https://www.econbiz.de/10005408438
This paper presents new evidence on the dynamics of dollarization and euroization for twenty-five transition countries. Estimates of the amount of foreign currency in circulation (FCC) in transition countries are used to develop a new comprehensive dollarization index (CDI) and separate indices...
Persistent link: https://www.econbiz.de/10005076821
gain control of local governments and acquire decision-making power over common resources; 3) while ennoblement reflected a …
Persistent link: https://www.econbiz.de/10005125846
A perpetual scarcity of public goods/services produces distortions of an individual’s attitudes towards the cost of bureaucratic procedures: even if bureaucracy is not cumbersome, poverty induces people to perceive honesty as too expensive and to prefer illegal payments because they cannot...
Persistent link: https://www.econbiz.de/10005125941
A long-term relationship such as marriage will not operate efficiently without sanctions for misconduct, of which adultery is one example. Traditional legal sanctions can be seen as different combinations of various features, differing in who initiates punishment, whether punishment is just a...
Persistent link: https://www.econbiz.de/10005126038
government property. These wealth redistributing protective and predatory behaviors activities absorb resources that could … lowers transaction costs. In regimes of discretionary authority where formal institutions conflict with informal norms …
Persistent link: https://www.econbiz.de/10005062456