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We study the provision of public goods when all agents have complete information and can write binding agreements. This framework is in deliberate contrast to a traditional view of the free-rider problem based on hidden information or voluntary provision. We focus on coalition formation as a...
Persistent link: https://www.econbiz.de/10005733025
This paper presents a theory of rent seeking within farmer cooperatives in which inequality of asset ownership affects relative control rights of different groups of members. The two key assumptions are constraints on lump-sum transfers from poorer members and disproportionate control rights...
Persistent link: https://www.econbiz.de/10005735214
We model intergroup conflict driven by economic changes within groups. We show that if group incomes are low, increasing group incomes raises violence against that group and lowers violence generated by it. We then apply the model to data on Hindu-Muslim violence in India. Our main result is...
Persistent link: https://www.econbiz.de/10010801019