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Gun for Hire : Does Delegated Enforcement Crowd Out Peer Punishment in Giving to Public Goods?
Andreoni, James - 2011
vigilante justice, as represented by peer-to-peer punishment, to delegated policing, as represented by the "hired gun" mechanism …
Persistent link: https://www.econbiz.de/10013125564
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Public Goods in Trade : on the Formation of Markets and Political Jurisdictions
Casella, Alessandra - 2010
The current debate in Western Europe centers on the relationship between economic and political integration. To address this problem, we construct a simple general equilibrium model in which the returns to trading are directly affected by the availability of a public good. In our model,...
Persistent link: https://www.econbiz.de/10013138063
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The Political Economy of Public Debt : A Laboratory Study
Battaglini, Marco - 2016
debt associated with larger majority requirements. Also in line with the theory, we find that debt is lower when the …
Persistent link: https://www.econbiz.de/10012986701
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The Political Agenda Effect and State Centralization
Acemoglu, Daron - 2016
We provide a potential explanation for the absence of, and unwillingness to create, centralized power in the hands of a national state based on the political agenda effect. State centralization induces citizens of different backgrounds, interests, regions or ethnicities to coordinate their...
Persistent link: https://www.econbiz.de/10012991695
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Collective Choice and Voluntary Provision of Public Goods
Epple, Dennis - 2018
Some public goods are provided entirely with private contributions, others with a mixture of public and private funding, and still others are entirely publicly funded. To explain this variation, a model of dual provision is developed that endogenizes public and private funding. Members of the...
Persistent link: https://www.econbiz.de/10012920474
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Proprietary Public Finance, Political Competition, and Reputation
Grossman, Herschel I.; Noh, Suk Jae - 2021
theory of a proprietary fiscal authority whose objective is to extract rents for the political establishment, the proprietor …
Persistent link: https://www.econbiz.de/10013227894
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A Theory of Expropriation and Deviations from Perfect Capital Mobility
Eaton, Jonathan; Gersovitz, Mark - 2021
This paper develops a theory of capital movements in the presence of potential expropriation. The threat of … expropriation is derived from utility maximizing behavior by host countries. Potential investors, anticipating this behavior, modify … their investment plans to avoid expropriation. When- ever the host country faces competitive foreign investors expropriation …
Persistent link: https://www.econbiz.de/10013244907
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The Size and Scope of Government : Comparative Politics with Rational Politicians
Persson, Torsten; Tabellini, Guido - 2021
We try to demonstrate how economists may engage in research on comparative politics, relating the size and composition of government spending to the political system. A Downsian model of electoral competition and forward-looking voting indicates that majoritarian -- as opposed to proportional --...
Persistent link: https://www.econbiz.de/10013239161
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Diversity and Redistribution
Fernández, Raquel; Levy, Gilat - 2021
This paper examines how preference heterogeneity affects the ability of the poor to extract resources from the rich. We study the equilibrium of a game in which coalitions of individuals form parties, parties propose platforms, and all individuals vote, with the winning policy chosen by...
Persistent link: https://www.econbiz.de/10013247424
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Infrastructure, Incentives and Institutions
Ashraf, Nava - 2016
Cities generate negative, as well as positive, externalities; addressing those externalities requires both infrastructure and institutions. Providing clean water and removing refuse requires water and sewer pipes, but the urban poor are often unwilling to pay for the costs of that piping....
Persistent link: https://www.econbiz.de/10013000522