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The Pre-commitment advantage of having a slow legislative system
Frijters, Paul; Tieman, Alexander F. - 2001
In this paper it is argued that the slowness of the legislativesystem implies pre-commitment of legislation for at least the periodit takes to change a law. A simple model illustrates the benefit ofthis pre-commitment.
Persistent link: https://www.econbiz.de/10011313929
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The pre-commitment advantage of having a slow legislative system
Frijters, Paul; Tieman, Alexander F. - 2000
Persistent link: https://www.econbiz.de/10001546175
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What clients want : choices between lawyers' offerings
Felso, Flora; Onderstal, Sander; Seldeslachts, Jo - 2014
We analyze a client's choice of contract in auctions where Dutch law firms compete for routine cases. The distinguishing feature here is that lawyers may submit bids with any fee arrangement they prefer: an hourly rate, a fixed fee or a mixed fee, which is a time-capped fixed fee plus an hourly...
Persistent link: https://www.econbiz.de/10010240049
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Priority roads : the political economy of Africa's interior-to-coast roads
Bonfatti, Roberto; Gu, Yuan; Poelhekke, Steven - 2019
the endogeneity of democratization, we show that autocracies tend to connect natural resource deposits to ports, while the … networks expanded in a less interior-to-coast way in periods of democracy. This result suggests that Africa's interior … in West Africa across the 1965-2012 period. Controlling for geography and the endogeneity of democratization, we show …
Persistent link: https://www.econbiz.de/10011960429
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Do elections lead to informed public decisions?
Swank, Otto H.; Visser, Bauke - 2003
Democracies delegate substantial decision power to politicians. Using a model in which an incumbent can design, examine and implement public policies, we show that examination takes place in spite of, rather than thanks to, elections. Elections are needed as a carrot and a stick to motivate...
Persistent link: https://www.econbiz.de/10011334365
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Democracy and regulation : the effects of electoral competition on infrastructure investments
Schram, Arthur; Ule, Aljaz - 2013
Persistent link: https://www.econbiz.de/10010191414
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Political regimes, party ideological homogeneity and polarization
Castanheira, Micael; Crutzen, Benoît - 2022
We develop a model of elections in which parties choose their ideological position and the ideology of their candidates. Tighter candidate selection reduces policy uncertainty for voters. We show that weak institutional con- straints, as in a Presidential regime, induce parties to allow their...
Persistent link: https://www.econbiz.de/10013413504
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Uncertainty of law and the legal process
Dari-Mattiacci, Guiseppe; Deffains, Bruno - 2005
There is extensive literature on whether courts or legislators produce efficient rules, but which of them produces rules efficiently? The law is subject to uncertainty ex ante; uncertainty makes the outcomes of trials difficult to predict and deters parties from settling disputes out of court. In...
Persistent link: https://www.econbiz.de/10011349216
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Applied general equilibrium models for policy analysis
Gunning, Jan Willem; Keyzer, Michiel A. - 1993
Persistent link: https://www.econbiz.de/10000550884
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An (s,Q) inventory model with remanufacturing and disposal
Laan, Erwin A. van der (contributor) - 1994
Persistent link: https://www.econbiz.de/10000560193