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We report experimental evidence showing a positive effect of redistribution on economic efficiency via the self-enforcement of property rights, and identify which status groups benefit more and which less. We model an economy in which wealth is produced if players voluntarily comply with...
Persistent link: https://www.econbiz.de/10014504242
The threat of overthrow stabilizes a constitution because it disciplines the elites. This is the main rationale behind rights to resistance. In this paper, we test this conjecture experimentally. We model a society in which players can produce wealth by solving a coordination problem....
Persistent link: https://www.econbiz.de/10012434968
Persistent link: https://www.econbiz.de/10012616094
Persistent link: https://www.econbiz.de/10011882735
The threat of overthrow stabilizes a constitution because it disciplines the elites. This is the main rationale behind rights to resistance. In this paper, we test this conjecture experimentally. We model a society in which players can produce wealth by solving a coordination problem....
Persistent link: https://www.econbiz.de/10012319056