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Persistent link: https://www.econbiz.de/10004092152
If voters care for the relative supply of public goods compared to otherjurisdictions, decentralized provision of public goods will be too high.Potentially, centralization internalizes the negative externalities fromthe production of these `conspicuous' public goods. However, in amodel of...
Persistent link: https://www.econbiz.de/10005040895
Persistent link: https://www.econbiz.de/10007841371
The approaches and opinions of economists often dominate public policy discussion. Economists have gained this privileged position partly (or perhaps mainly) because of the obvious relevance of their subject matter, but also because of the unified methodology (neo-classical economics) that the...
Persistent link: https://www.econbiz.de/10005432054
Persistent link: https://www.econbiz.de/10005391115
This paper provides a rationale for group support for political violence when violence does not provide a material bene–fit. A theory of fairness is adopted to demonstrate that although group violence may not be the equilibrium of a material game it may be a fairness equilibrium in a game...
Persistent link: https://www.econbiz.de/10011160809
It is recognised that expressive preferences may play a major role in determining voting decisions because the low probability of being decisive in elections undermines standard instrumental reasoning. Expressive and instrumental preferences may deviate and in electoral settings it is more...
Persistent link: https://www.econbiz.de/10011122682
This article reviews 'Pillars of Prosperity' by Timothy Besley and Torsten Persson and 'Why Nations Fail' by Daron Acemoglu and James Robinson. Both books are focussed on the role of institutions in determining the wealth of nations and the review compares and contrasts the different approaches...
Persistent link: https://www.econbiz.de/10010826303
There has been much debate regarding the electoral strategy adopted by New Labour in the lead-up to and then during their time in government. This paper addresses the issue from the perspective of left/right and libertarian/authoritarian considerations by examining data on individual attitudes...
Persistent link: https://www.econbiz.de/10010878960
There has been much debate regarding the electoral strategy adopted by New Labour in the lead-up to and then during their time in government. This paper addresses the issue from the perspective of left/right and libertarian/authoritarian considerations by examining data on individual attitudes...
Persistent link: https://www.econbiz.de/10010878967