This paper provides a general framework for analyzing political (in)stability in comparative political systems. It distinguishes different subgroups of a society, some of which have a potential for pursuing a redistribution of wealth in its broadest sense via constitutional or non-constitutional...

In this study, it was found that economists were sensitive to different commodities based on their attitudes in terms of fairness toward the price mechanism, whereas non-economists did not exhibit significant sensitivity. This sensitivity was so strong that no self-selection effect could be...

We develop a simple model of an insurrection market based on a kleptocratic politico-economic institutional setting, within which a certain government elite holds both all central government position and all productive assets. The kleptocratic setting provokes the appearance of insurrection...

Subject of this paper is the investigation of wage developments of women interrupting their careers for giving birth tochildren in comparison to men's wages not facing a parental interruption. We estimate OLS regression models for different subcategories defined by age and point in time. We use...

The theory presented in this paper explains democratic transitions on the basis of rentmaximizing political leaders that aim at improving the credibility of post-constitutional policy making by way of introducing a decentralized democratic politico-institutional structure. They face an incentive...

In den späten 1970er Jahren erklärte der König des südasiatischen Kleinstaates Bhutan, dass für sein Land das Bruttonationalglück wichtiger sei als das Bruttoinlandsprodukt. Definitorisch kann das Bruttonationalglück als multidimensional und nachhaltig ausgerichtete Ordnungsstruktur...

Die vorliegende Studie untersucht die Determinanten für die Beschäftigung von Älteren und für das Angebot an altersspezifischen Personalmaßnahmen. Anhand ökonometrischer Schätzungen mittels der Daten des IAB-Betriebspanels, insbesondere der Wellen 2005, 2006 und 2008, werden zudem die...

We analyse the effect of overconfidence in a model of team-production with effort complementarities. We show that overconfidence may not only enhance an overconfident agent's effort but also that of a rational one. Focusing the agents' payoffs we see that this increase in effort can be to the...

Die Abwahl einer Regierung sowie die Entmachtung eines Diktators per Revolution können daran scheitern, dass kein individueller Teilnahmeanreiz besteht. Als Lösungsmöglichkeit wird ein strategischer Ansatz entwickelt, der zeigt, dass sich die Kollektivgutproblematik bei der Wahlteilnahme als...