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The power of woke and other forms of disproportionate punishment
Gårn Hansen, Lars - 2023
I suggest that simple enforcement and lobbying models may explain how a small minority of dedicated believers … advantages they have in lobbying the leadership of subgroups with power hierarchies (corporations, universities, organizations …
Persistent link: https://www.econbiz.de/10013549074
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Abuse of Power : The CFPB and Ocwen Financial Corp
Whalen, Richard Christopher - 2017
This paper discusses the treatment of Ocwen Financial Corp by the Consumer Financial Protection Bureau (CFPB) since 2012 and also examines the actions of private investors. The paper suggests that the CFPB has been overly harsh in its treatment of Ocwen, both measured by the amount of fines and...
Persistent link: https://www.econbiz.de/10012955992
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The Ethical Bases of Public Policies : A Conceptual Framework
Pattanaik, Prasanta K. - 2013
This paper develops a conceptual framework, which can accommodate a wide range of value judgments used in ethical evaluations of extended social states and which can be used to differentiate different categories of value judgments by referring to the type of information on which they may be...
Persistent link: https://www.econbiz.de/10013075994
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Efficiency invites divide and coercion in the age of increasing returns to scale
Xu, Yongsheng; Yoshihara, Naoki - 2019
In the presence of (at least locally) increasing returns to scale tech- nologies, the paper asks the question: does there exist an economic system which implements Pareto efficient allocations and respects the voluntary participation principle? To answer this question, the paper formulates an...
Persistent link: https://www.econbiz.de/10012388910
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Efficiency invites divide and coercion in the age of increasing returns to scale
Xu, Yongsheng; Yoshihara, Naoki - 2019
In the presence of (at least locally) increasing returns to scale tech- nologies, the paper asks the question: does there exist an economic system which implements Pareto efficient allocations and respects the voluntary participation principle? To answer this question, the paper formulates an...
Persistent link: https://www.econbiz.de/10012131698
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Lobbying and the power of multinational firms : conference paper
Polk, Andreas; Schmutzler, Armin; Müller, Adrian - 2013
Can multinational firms exert more power than national firms by influencing politics through lobbying? To answer this … question, we analyze the extent of national environmental regulation when policy is determined in a lobbying game between a … multinational; this changes for high transportation costs and intermediate damage parameters. When there is no lobbying, welfare …
Persistent link: https://www.econbiz.de/10010340558
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Information Aggregation, Growth and Franchise Extension with Applications to Female Enfranchisement and Inequality
Ellis, Christopher J; Fender, John - Department of Economics, University of Birmingham - 2010
We develop a model of voluntary gradual franchise extension and growth based on the idea that voting is an information aggregation mechanism. A larger number of voters mean more correct decisions are made hence more output, but also imply that any incremental output needs to be shared among more...
Persistent link: https://www.econbiz.de/10008672185
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Democratic Errors
Ellis, Christopher J.; Fender, John - Department of Economics, University of Birmingham - 2010
We combine Acemoglu and Robinson’s model of the economic origins of democracy with Lohmann’s model of political mass protest. This allows us to analyze the economic causes of political regime change based on the microfoundations of revolution. We are able to derive conditions under which...
Persistent link: https://www.econbiz.de/10008553250
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Cost and Time Overruns in Public Sector Projects
Morris, Sebastian - 2005
Delays and cost overruns in Public Sector investments can raise the capital-output ratio in the sector and elsewhere, bringing down the efficacy of investments. Yet there are no estimates of the delays and cost overruns, and of their opportunity cost. This study arrives at rough estimates of the...
Persistent link: https://www.econbiz.de/10014028423
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Dual Citizenship Institution : A Pareto Improvement?
Oloufade, Djoulassi - 2013
The right to hold dual citizenship is an important political institution that is being adopted by an increasing number of countries. We argue that this right can generate important social and economic benefits beyond its political dimension. Dual citizenship recognition by a country allows...
Persistent link: https://www.econbiz.de/10013084758