Showing 1 - 10 of 41
A central challenge in securing property rights is the subversion of justice through legal skill, bribery, or physical force by the strong—the state or its powerful citizens—against the weak. We present evidence that undue influence on courts is a common concern in many countries, especially...
Persistent link: https://www.econbiz.de/10012982019
Can open tournaments improve the quality of city services? The proliferation of big data makes it possible to use predictive analytics to better target services like hygiene inspections, but city governments rarely have the in-house talent needed for developing prediction algorithms. Cities...
Persistent link: https://www.econbiz.de/10012995969
A central requirement in the design of a legal system is the protection of law enforcers from coercion by litigants through either violence or bribes. The higher the risk of coercion, the greater the need for protection and control of law enforcers by the state. This perspective explains why, in...
Persistent link: https://www.econbiz.de/10013216846
This paper presents a model of prosecutors' decision-making processes in which prosecutors (both federal and state) internalize some of the benefits of reducing crime, but also care about developing their own human capital. Since U.S. attorneys make their decision first, they have the...
Persistent link: https://www.econbiz.de/10013308326
Cities generate negative, as well as positive, externalities; addressing those externalities requires both …
Persistent link: https://www.econbiz.de/10013000522
This paper provides evidences of heterogeneous human-capital externality using CHIP 2002, 2007 and 2013 data from urban China. After instrumenting city-level education using the number of relocated university departments across cities in the 1950s, one year more city-level education increases...
Persistent link: https://www.econbiz.de/10012912517
populism, of differing approaches to the problems of monopoly, externalities and market breakdowns in asset insurance. If there …
Persistent link: https://www.econbiz.de/10013106080
Why are public-sector workers so heavily compensated with pensions and other non-pecuniary benefits? In this paper, we present a political economy model of shrouded compensation in which politicians compete for taxpayers' and public employees' votes by promising compensation packages, but some...
Persistent link: https://www.econbiz.de/10013083093
Research on entrepreneurship often examines the local dimensions of new business formation. The local environment influences the choices of entrepreneurs; entrepreneurial success influences the local economy. Yet modern urban economics has paid relatively little attention to entrepreneurs. This...
Persistent link: https://www.econbiz.de/10013070489
poverty and weak governance reduce the ability to address the negative externalities that come with density. This paper models … down. For large cities with weak governments, draconian policies may be the only way to curb negative externalities … to reduce negative externalities is less costly when city populations are low or institutions are strong, but that public …
Persistent link: https://www.econbiz.de/10013071513