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History offers many examples of dictators who worsened their behavior significantly over time (like Zimbabwe's Mugabe) as well as dictators who displayed remarkable improvements (like Rawlings of Ghana). The authors show that such mutations can result from rational behavior when the dictator's...
Persistent link: https://www.econbiz.de/10012570934
History offers many examples of dictatorswho worsened their behavior significantly over time (like Zimbabwe's Mugabe) as well as dictators who displayed remarkable improvements (like Rawlings of Ghana).We show that such mutations can result from rational behavior when the dictator’s flow use...
Persistent link: https://www.econbiz.de/10012701961
To the extent that diversifying income portfolio is used as a strategy for shielding against production risk, both individual risk aversion and weather uncertainty could affect crop diversification decisions. This paper is concerned with empirically assessing the effects of risk aversion and...
Persistent link: https://www.econbiz.de/10010987495
We examine the effect of the introduction of uniform water-charging for aquifer management and provide evidence using a survey-based choice experiment of agricultural water users in rural Tunisia. Theoretically, we show that the implementation of the proposed second-best regulation would result...
Persistent link: https://www.econbiz.de/10010935072
History offers many examples of dictators who worsened their behavior significantly over time (like Zimbabwe's Robert Mugabe), while there are also cases of dictators who have displayed remarkable improvements (like Jerry Rawlings of Ghana).  We show that such mutations can result from rational...
Persistent link: https://www.econbiz.de/10011004292
Recently, the international community has increased its commitment to prosecute malicious dictators - for example by establishing the International Criminal Court.  This has raised the international community's loss associated with being time-inconsistent (i.e.: granting amnesties ex post), the...
Persistent link: https://www.econbiz.de/10011004343