Showing 1 - 10 of 57
political power. The ruling coalition consists of a subset of the individuals in the society and decides the distribution of …-transferable utility cooperative game. In all cases, the nature of the ruling coalition is determined by the power constraint, which …
Persistent link: https://www.econbiz.de/10012778980
We develop an equilibrium model of ticket resale in which buyers' decisions in the primary market, including costly efforts to "arrive early" to buy underpriced tickets, are based on rational expectations of resale market outcomes. We estimate the parameters of the model using a novel dataset...
Persistent link: https://www.econbiz.de/10013155031
This paper introduces a new internationally comparable data set that permits an empirical investigation of the effects of patent law on innovation. The data have been constructed from the catalogues of two 19th century world fairs: the Crystal Palace Exhibition in London, 1851, and the...
Persistent link: https://www.econbiz.de/10012754628
The study of autocracies and weakly institutionalized countries is plagued by scarcity of information about the relative strength of different players within the political system. This paper presents novel data on the composition of government coalitions in a sample of fifteen post-colonial...
Persistent link: https://www.econbiz.de/10013100130
This paper presents new evidence on the power sharing layout of national political elites in a panel of African … monolithically controlling power, we show that African ruling coalitions are large and that political power is allocated …
Persistent link: https://www.econbiz.de/10013100131
. Succinctly, countries receive a commercial return on their soft power …
Persistent link: https://www.econbiz.de/10013015974
political power decides the allocation of resources. We show that Pareto efficient allocations take a quasi-Markovian structure … and can be represented recursively as a function of the identity of the group in power and updated Pareto weights. For … disappear and labor supply and consumption levels fluctuate over time. The labor supply of groups that are not in power are …
Persistent link: https://www.econbiz.de/10013150732
We report on an on-going project, which asks a number of questions relevant to the study of state capacity. What are the main economic and political determinants of the state's capacity to raise revenue and support private markets? How do risks of violent conflict affect the incentives to invest...
Persistent link: https://www.econbiz.de/10013152438
political power can lead to multiple equilibria in the determination of public education spending. The main predictions of the …
Persistent link: https://www.econbiz.de/10012776201
persistent effects through posterior dynastic attainment. In politics, power begets power … politics versus other occupations, and analyze the connection between political dynasties and political competition. We also … is causal: a longer period in power increases the chance that a person may start (or continue) a political dynasty …
Persistent link: https://www.econbiz.de/10012776882