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The Killing Game: Reputation and Knowledge in Politics of Succession

Egorov, Georgy; Sonin, Konstantin - EconWPA - 2005

The winner of a battle for a throne can either execute or spare the loser; if the loser is spared, he contends the throne in the next period. Executing the losing contender gives the winner an additional quiet period, but then his life is at risk if he loses to some future contender. The...

Persistent link: https://www.econbiz.de/10005550917

Fundamental dimensions of U.S. trade policy

bohara, alok k.; camargo, alejandro islas; grijalva, theresa - EconWPA - 2005

determines voting in the Senate, with the main dimension driven by economic interest, not ideology. Although two dimensions are …

Persistent link: https://www.econbiz.de/10005408037

Ideologies, Beliefs, and Economic Advice - A Cognitive- Evolutionary View on Economic Policy-Making

Slembeck, Tilman - EconWPA - 2000

Economists often perceive the “ideological beliefs“ held by political actors as obstacles to rational policy-making. In contrast, it is argued that ideologies have characteristics that appear desirable in policy- making in that they allow political actors to credibly commit themselves to...

Persistent link: https://www.econbiz.de/10005556964

Labor Market Conditions, Political Events and Palestinian Suicide Bombings

Sayre, Edward A. - EconWPA - 2005

, the opportunity cost of engaging in suicide terrorism decreases. An alternative explanation is that suicide bombings are …

Persistent link: https://www.econbiz.de/10005076534

Global Threats and the Domestic Struggle for Power

Garfinkel, Michelle R. - EconWPA - 2003

favor. An increased external threat of terrorism--either an increase in the likelihood of a successful terrorist attack or a … thus lessen the severity of the conflict at home. However, unless the marginal return from guarding against terrorism is …

Persistent link: https://www.econbiz.de/10005125931

Pushing the Prize Up, A Few Notes on Al-Qaeda's Reward Structure and the choice of Casualties

Caruso, Raul; Locatelli, Andrea - EconWPA - 2005

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

Media, Education, and anti-Americanism in the Muslim World

Gentzkow, Matthew A.; Shapiro, Jesse M. - EconWPA - 2004

Recent surveys in the United States and the Muslim world show widespread misinformation about the events of September 11, 2001. Using data from 9 predominantly Muslim countries, we study how such beliefs depend on exposure to news media and levels of education. Standard economic theory would...

Persistent link: https://www.econbiz.de/10005413251

Terrorism Prevention: A General Model

Dietrich, Franz - EconWPA - 2004

In this paper, I present and discuss a method for modelling an important trade-off faced by terrorism prevention … policies: the trade-off between, on the one hand, trying to reduce people's inclination towards terrorism, and, on the other … terrorism (first goal), involving measures such as raising the standard of living, and symptom-related policies reduce the power …

Persistent link: https://www.econbiz.de/10005118920

Explaining the Beta, Size and Value Effects Under the Relative Value Theory

Alb, Silviu Iulian - EconWPA - 2004

The RVT predicts equilibrium prices in a world where investors ignore variance and only care about cumulative returns. Such prices determine intrinsic returns that satisfy the CAPM equation. This paper shows that assets that pay a constant (or constantly increasing) dividend but face each year...

Persistent link: https://www.econbiz.de/10005076993

Would the CAPM Hold in a Risk-Indifferent World?

Alb, Silviu Iulian - EconWPA - 2004

The Relative Value Theory predicts equilibrium prices in a world in which time value of money is unique, and investors are risk-indifferent and only care about maximizing cumulative returns. This paper shows that RVT’s equilibrium prices determine intrinsic expected returns that satisfy the...

Persistent link: https://www.econbiz.de/10005134946