Showing 1 - 10 of 573
means to protect the economic interests of the once ruling elite. Under "democratic federalism" the constitution creates an …
Persistent link: https://www.econbiz.de/10012464914
We examine the effects of the interaction between lobbying and legislative bargaining on policy formation. Two systems … policies generated are not intermediate between policies that would result from pure lobbying or from pure legislative … contributions are very small, despite the fact that lobbying has a marked effect on policies …
Persistent link: https://www.econbiz.de/10012472221
In this paper we consider a home government with political pressure to restrict trade, at the expense of foreigners. The foreign country is compensated with an income transfer, which can be thought of as a portion of the tariff revenues or quota rents. In this setting the two countries should...
Persistent link: https://www.econbiz.de/10012476694
for the costs of political bargaining and lobbying that arise from implementing and administering government regulation …
Persistent link: https://www.econbiz.de/10012456769
fundamentals but also of political variables at the time of congressional negotiations - some of them random realizations of mixed …
Persistent link: https://www.econbiz.de/10012461395
This paper extends the existing theory and empirical investigation of unitization contracts. It highlights the importance of incentive-compatibility and self-enforcement and the bargaining problems faced in achieving viable, long-term contracts. We argue that only if the parties to a unitization...
Persistent link: https://www.econbiz.de/10012471652
conditions under which negotiations over intellectual property often occur. In contrast, market safety is only salient in the …
Persistent link: https://www.econbiz.de/10012458983
The Brazilian Constitution of 1988 gave relatively strong powers to the President. We model and test Executive-Legislative relations in Brazil and demonstrate that Presidents have used pork as a political currency to exchange for votes on policy reforms. In particular Presidents Cardoso and Lula...
Persistent link: https://www.econbiz.de/10012467412
We investigate whether the inclusion of social rights in political constitutions affects social performance. More specifically, we analyze whether including the right to education in the constitution has been related to better "educational outcomes." We rely on data for 61 countries that...
Persistent link: https://www.econbiz.de/10012458193
This paper analyzes certain important shortcomings of state competition in corporate law. In particular, we show, with respect to takeovers, states have incentives to produce rules that excessively protect incumbent managers. The development of state takeover law, we argue, is consistent with...
Persistent link: https://www.econbiz.de/10012471028