Ilia Chavchavadze was born in Georgia when the country was part of the Russian Empire. He received a thorough legal and economic education. Ilia developed a national economic doctrine, which demonstrated the necessity of his country's independent existence, participation in international labor...

The literature on economic growth and development has focused considerable attention on questions of risk management and the possibility of multiple equilibria associated with poverty traps. We use herd history data collected among pastoralists in southern Ethiopia to study stochastic wealth...

Conclusion: In conclusion it should be noted that the land and marine areas comprising Lababia’s Wildlife Management Area are a rich, largely undisturbed ecosystem. Despite the fact that commercial fishing has reached a point of unsustainability, the marine environment as a whole still...

The closure of the Hawaiian longline swordfish fishery over the period 2001?2004, which was motivated by the protection of endangered sea turtles, created the elements of a natural experiment that allows identification of the market transfer of catch (and sea turtle bycatch) to other regions....

"Our focus in this paper is with the transaction costs inherent in most decision making settings. We specifically investigate an "institution free" collective choice mechanism that includes costs to calling votes. A set of models show that under low costs (i.e., where no cost-induced equilibrium...

In this paper we examine the dynamics of the link between inequality and inflation from a political economy perspective. We consider a simple dynamic general equilibrium model in which agents vote over the desired inflation rate in each period, and inequality is persistent. Inflation in our...

Estudiamos cómo afecta el sistema electoral a la presencia de mujeres en política usando un modelo en el que tanto los votantes como los partidos pueden tener un sesgo de género. Aplicamos el modelo a las elecciones municipales españolas, en las que, según la ley, los municipios utilizan...