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This paper offers the conjecture that interest groups act where there are cycling majorities or other aggregation anomalies. The claim is that instability attracts political activity. This simple conjecture suggests a link between voting paradoxes, or puzzles of aggregation, and questions about...
Persistent link: https://www.econbiz.de/10005832333
Virtually every burden of proof is influenced by a rule regarding relitigation. In criminal law, the prosecutor is prevented from repeatedly drawing from the urn, as it were, by the double-jeopardy rule, which reinforces the beyond-a-reasonable-doubt standard. We suggest that if law were to...
Persistent link: https://www.econbiz.de/10010627676
Persistent link: https://www.econbiz.de/10005725398
Persistent link: https://www.econbiz.de/10005725523
This article shows that for virtually every move toward privatization or, moving in reverse, toward the reopening of access to property, there are conflicting explanations. One is transaction-cost based and optimistic, while the other implicates interest groups and arouses suspicions rather than...
Persistent link: https://www.econbiz.de/10005725529