Showing 1 - 10 of 154
In a society composed of a ruler and its citizens: what are the determinants of the political equilibrium between these two? This paper approaches this problem as a game played between a ruler who has to decide the distribution of the aggregate income and a group of agents/citizens who have the...
Persistent link: https://www.econbiz.de/10011600156
The public mechanical clock and the movable type printing press were two of the most important and complex general purpose technologies of the late medieval period. We document two of their most important, yet unforeseeable, consequences. First, an instrumental variables analysis indicates that...
Persistent link: https://www.econbiz.de/10012142397
This work analyzes the impact of asymmetric financial constraints on the platforms of parties, using a formal model of elections. The main results show that when a party faces a tight financial constraint, the platform chosen in equilibrium is further away from its ideal point compared with the...
Persistent link: https://www.econbiz.de/10011717821
protocol or a conflict to appropriate the surplus. In the cooperative negotiations, disagreement corresponds to a pro rata … which conflict will be preferred to negotiated agreements (and vice versa), and we derive welfare implications. Finally, we … their relative size on the profitability of negotiated agreements. -- Bargaining ; Conflict ; Agency Problem …
Persistent link: https://www.econbiz.de/10008747115
We investigate the role of networks of military alliances in preventing or encouraging wars between groups of countries. A country is vulnerable to attack if there is some fully-allied group of countries that can defeat that country and its (remaining) allies based on a function of their...
Persistent link: https://www.econbiz.de/10010350454
We reconsider the relationship between oil and conflict, focusing on the location of oil resources. In a panel of 132 … countries over the period 1962-2009, we show that oil windfalls increase the probability of conflict in onshore-rich countries …, while they decrease this probability in offshore-rich countries. We use a simple model of conflict to illustrate how these …
Persistent link: https://www.econbiz.de/10011596256
We study effort provision and incentivisation in a Tullock group-contest with m ≥ 2 groups that differ in size. A novel algorithmic procedure is presented that, under a symmetry assumption, explicitly characterises the equilibrium. Endogenous, optimal incentivisation schemes are then...
Persistent link: https://www.econbiz.de/10014552943
We introduce a noncooperative multilateral bargaining model for a network-restricted environment, in which players can communicate only with their neighbors. Each player strategically chooses the bargaining partners among the neighbors to buy out their communication links with upfront transfers....
Persistent link: https://www.econbiz.de/10011279698
This paper develops a framework for analyzing different policymaking styles, their causes and their consequences in Latin America, finding that lower institutionalization and greater use of alternative political technologies (APTs) are more likely the lower the cost of using these technologies,...
Persistent link: https://www.econbiz.de/10010247930
This paper argues that where institutions are strong, actors are more likely to participate in the political process through institutionalized arenas, while where they are weak, protests and other unconventional means of participation become more appealing. This relationship is explored...
Persistent link: https://www.econbiz.de/10010247932