Showing 1 - 10 of 61
In this paper we present a citizen-candidate model of representative democracy with endogenous lobbying. We find that lobbying induces policy compromise and always affects equilibrium policy outcomes. In particular, even though the policy preferences of lobbies are relatively extreme, lobbying...
Persistent link: https://www.econbiz.de/10010746186
When considering engaging in conflict to secure control of a resource, a group needs to predict the amount of post-conflict … leakage due to infiltration by members of losing groups. We use this insight to explain why conflict often takes place along … ethnic lines, why some ethnic groups are more often in conflict than others (and some never are), and why the same groups are …
Persistent link: https://www.econbiz.de/10011126000
A fundamental issue for economists is what determines civil conflict. One unsettled question is the relative importance …
Persistent link: https://www.econbiz.de/10010928706
We study a contracting model with unforeseen contingencies in which the court is an active player. Ex-ante, the contracting parties cannot include the risky unforeseen contingencies in the contract they draw up. Ex-post the court observes whether an unforeseen contingency occurred, and decides...
Persistent link: https://www.econbiz.de/10010928636
Persistent link: https://www.econbiz.de/10010744973
This paper develops a simple model to show how social insurance affects the desire to revolt against property rights. It then tests for the effect of social insurance on revolt by introducing a panel data set derived from surveys across 200,000 randomly sampled individuals from the 1970s to the...
Persistent link: https://www.econbiz.de/10010745808
where conflict and peace are treated as a latent state. From this, we are able to construct a measure of the discounted …
Persistent link: https://www.econbiz.de/10010746053
Although property rights are the cornerstone of capitalist economics, throughout history existing claims have been frequently overturned and redefined by revolution. A fundamental question for economists is what makes revolutions more likely to occur. A large literature has found contradictory...
Persistent link: https://www.econbiz.de/10010746062
We embed a simple contracting model with ex-ante investments in which there is scope for Court intervention in a full-blown open-ended dynamic setting. The underlying preferences of both Courts and contracting parties are fully forward looking and unbiased. Our point of departure is instead the...
Persistent link: https://www.econbiz.de/10010746104
static models of the effect of income on the extensive margin of conflict. Civil conflicts are shown to be persistent, but …
Persistent link: https://www.econbiz.de/10011126240