Showing 1 - 10 of 127
A fundamental issue for economists is what determines civil conflict. One unsettled question is the relative importance … personal characteristics, country and year fixed effects, more freedom and economic growth both reduce revolutionary support …. To reduce support by the same amount requires adding 14 percentage points on to the GDP growth rate. Being Muslim in a …
Persistent link: https://www.econbiz.de/10010928706
This paper studies the impact of the competition between lobbies and voters on policy outcomes under alternative legislative procedures. Lobbies and citizens have opposing interests in a public policy and offer money and votes, respectively, to legislators to obtain their preferred policy....
Persistent link: https://www.econbiz.de/10010928625
This paper presents a pairwise matching model with two-sided information asymmetry to analyse the impact of information costs on endogenous network building and matching by information intermediaries. The framework innovates by examining the role of information costs on incentives for trade...
Persistent link: https://www.econbiz.de/10010745054
A two-sided, pair-wise matching model is developed to analyse the strategic interaction between two information intermediaries who compete in commission rates and network size, giving rise to a fragmented duopoly market structure. The model suggests that network competition between information...
Persistent link: https://www.econbiz.de/10010746133
In an environment in which both buyers and sellers can undertake match specific investments, the presence of market competition for matches may solve hold-up and coordination problems generated by the absence of complete contingent contracts. In particular, this paper shows that when matching is...
Persistent link: https://www.econbiz.de/10010928710
This paper introduces two complementary models of firm-specific training: an informational model and a productivity-enhancement model. In both models, market provision of firm-specific training is inefficient. However, the nature of the inefficiency depends on the balance between the two key...
Persistent link: https://www.econbiz.de/10010928723
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
The amount of political information that voters decide to acquire during an electoral campaign depends, among other things, on prior ideological beliefs about parties and/or candidates. Voters that are ex ante indifferent about the candidates attach little value to information because they...
Persistent link: https://www.econbiz.de/10010745271
A number of recent formal models predict a positive effect of political knowledge on turnout. Both information acquisition and turnout, however, are likely to be determined by a similar set of variables, rendering hard the identification of a causal link in empirical investigations. Available...
Persistent link: https://www.econbiz.de/10010746429