cooperation and competition. We also provide evidence indicating that Choice Democracy would be viable in the real world. …Democracy is defined by two core tenets: voice and pluralism. Within these constraints, a wide variety of regime types … can be designed. We show that the only new, untested form of democracy is when every citizen is governed by the political …

provide an explanation of why small countries sometimes exclude certain goods (especially those related to culture) from trade …

subjects may exit. In a simple model, both kinds of competition are substitutes. Internal competition (democracy) benefits … democracy, and rulers are less eager to oppose it, when external competition is high. In a panel of countries, there are fewer …All rulers face political competition, both from rivals within their state, and from other states to which their …

shields the private commercial bank from aggressive competition by these banks. …

determinants for efficiency in credence goods markets. While theory predicts that either liability or verifiability yields … has little influence, as predicted. Seller competition drives down prices and yields maximal trade, but does not lead to …