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of the exercise of de jure and de facto political power. A change in political institutions, for example a move from … nondemocracy to democracy, alters the distribution of de jure political power, but the elite can intensify their investments in de … facto political power, such as lobbying or the use of paramilitary forces, to partially or fully offset their loss of de …
Persistent link: https://www.econbiz.de/10012466560
Aboriginal rights and title, which have dramatically increased bargaining power and, consequently, income growth in non …
Persistent link: https://www.econbiz.de/10014372470
U.S. manufacturing firms that make sophisticated weapons systems for the Pentagon are subject to an unusual regulatory regime that obligates them to volunteer' information on their business practices to the government and to prime contractors as a condition of their special relationship with the...
Persistent link: https://www.econbiz.de/10012472345
For more than a decade, the United States and Canada have been engaged in a rancorous dispute over trade in softwood lumber. Through three successive rounds of administrative litigation before the U.S. Department of Commerce, the U.S. sawmill industry has sought to have countervailing duties...
Persistent link: https://www.econbiz.de/10012474176
The fundamental feature of private contracting is its relational nature. When faced with unforeseen or unexpected circumstances, private parties, as long as the relation remains worthwhile, adjust their required performance without the need for costly renegotiation or formal recontracting....
Persistent link: https://www.econbiz.de/10012464415
We study the importance of technology and institutions in determining the size of markets in five different countries and fifteen different German states. The setting of 19th century Europe presents a unique opportunity to address this issue, since it witnessed fundamental change in both...
Persistent link: https://www.econbiz.de/10012464734
density before colonization), and between contracting institutions and the identity of the colonizing power. Using this …
Persistent link: https://www.econbiz.de/10012468763
to provide some answers to this question. Political institutions determine the allocation of political power, and … political power, the elite, choose policies to increase their income and to directly or indirectly transfer resources from the … factor prices, and to impoverish other groups competing for political power. The elite's preference over inefficient policies …
Persistent link: https://www.econbiz.de/10012466731
differences in the power structure of society: (1) the Ruler enjoyed weaker absolute power in Europe; (2) the People were more on … par with the Elites in China in terms of power and rights. Based on these narratives, we build a game-theoretical model … and analyze how the power structure can shape the stability of an autocratic rule. If we read greater absolute power of …
Persistent link: https://www.econbiz.de/10012482621
system, and second, that presidents have more power with respect to their own coalition than prime ministers do. These … setting power to another group. We argue that the model is consistent with a great deal of qualitative information about …
Persistent link: https://www.econbiz.de/10012464044