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We develop a stochastic model of electoral competition in order to study the economic and political determinants of trade policy. We model a small open economy with two tradable goods, each of which is produced using a sector specific factor (e.g., land and capital) and another factor that is...
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Social Choice traditionally employs the preferences of voters or agents as primitives. However, in most situations of constitutional decision-making the beliefs of the members of the electorate determine their secondary preferences or choices. Key choices in US political history, such as the...
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This book presents a set of original and innovative contributions on state, institutions and democracy in the field of … economy. The analysis of the role and performance of politics and democracy in diverse nations implies the study of the … social scientists, economists and those interested in the performance of states, democracy and elections can find new …
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