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The economics of political borders
Spolaore, Enrico - 2012
This paper presents concepts from economic analysis that shed light on the formation and breakup of sovereign states. First, we discuss the key trade-off between economies of scale in the provision of public goods and political costs from heterogeneity of preferences. Second, we present four...
Persistent link: https://www.econbiz.de/10009570592
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Media capture in a democracy : the role of wealth concentration
Corneo, Giacomo (contributor) - 2005
Since objective news coverage is vital to democracy, captured media can seriously distort collective decisions. The current paper develops a voting model where citizens are uncertain about the welfare effects induced by alternative policy options and derive information about those effects from...
Persistent link: https://www.econbiz.de/10002578084
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An Economic Theory of Foreign Interventions and Regime Change
Bonfatti, Roberto - 2011
I construct a theory of foreign interventions in which the preferences of the foreign country over alternative local …
Persistent link: https://www.econbiz.de/10013124181
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An economic theory of foreign interventions and regime change
Bonfatti, Roberto - 2011
I construct a theory of foreign interventions in which the preferences of the foreign country over alternative local …
Persistent link: https://www.econbiz.de/10009130179
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Community Enterprises : an institutional innovation
Frey, Bruno S.; Lüthi, Roger; Osterloh, Margit - 2011
Management research has long focused on the theory of the firm, studying for-profit organizations that produce … organizational theory, innovation economics, and industrial organization should therefore be critically examined. -- theory of the … firm ; organization theory ; for-profit firms ; community enterprise ; Wikipedia …
Persistent link: https://www.econbiz.de/10009124215
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An elementary theorem on gains from virtual trade
Marjit, Sugata; Yang, Lei - 2020
Virtual markets allow consumers to save time costs to purchase goods and services. Countries lose relative to the conventional welfare gain when they increase consumption of non-virtual goods under free trade. We include the classical gains from trade theorem as a special case. For two identical...
Persistent link: https://www.econbiz.de/10012315944
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Political pressures and monetary mystique
Geraats, Petra M. (contributor) - 2007
Persistent link: https://www.econbiz.de/10003497780
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Informational Requirements of Nudging
Benkert, Jean-Michel - 2015
A nudge is a non-coercive paternalistic intervention that attempts to improve choices by manipulating the framing of a decision problem. As any paternalism, it faces the difficulty of determining the appropriate welfare criterion. We propose a welfare-theoretic foundation for nudging similar in...
Persistent link: https://www.econbiz.de/10013023118
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The role of government and trust in the market economy
König, Nadja; Schuknecht, Ludger - 2018
This paper studies the role of governments and its link to trust. We argue that the public's trust strongly depends on governments delivering on their core tasks in a market economy. In some economies, a neglect of core tasks can be observed and there seems to be some erosion, notably in terms...
Persistent link: https://www.econbiz.de/10011825240
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The Role of Government and Trust in the Market Economy
König, Nadja - 2018
This paper studies the role of governments and its link to trust. We argue that the public's trust strongly depends on governments delivering on their core tasks in a market economy. In some economies, a neglect of core tasks can be observed and there seems to be some erosion, notably in terms...
Persistent link: https://www.econbiz.de/10012916570