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Persistent link: https://www.econbiz.de/10011652675
This paper considers the problem of pet overpopulation. It develops a tractable dynamic model whose positive predictions square well with key features of the current U.S. market for pets. The model is used to understand, from a welfare economic perspective, the sense in which there is...
Persistent link: https://www.econbiz.de/10010292069
This paper presents a dynamic political economy theory of public spending, taxation and debt. Policy choices are made by a legislature consisting of representatives elected by geographically-defined districts. The legislature can raise revenues via a distortionary income tax and by borrowing....
Persistent link: https://www.econbiz.de/10010266306
Persistent link: https://www.econbiz.de/10012235516
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Persistent link: https://www.econbiz.de/10012235595
This paper considers the problem of pet overpopulation. It develops a tractable dynamic model whose positive predictions square well with key features of the current U.S. market for pets. The model is used to understand, from a welfare economic perspective, the sense in which there is...
Persistent link: https://www.econbiz.de/10010284051
This paper develops a new approach to studying how electoral bias in favor of one party due to the pattern of districting affects policy choice. We tie a commonly used measure of bias to the theory of party compe- tition and show how this affects policy choice. The usefulness of the approach is...
Persistent link: https://www.econbiz.de/10010292948
How and whether judges should be held accountable is a key issue in the design of a legal system. Thirty-seven of the forty-eight continental states use some method of judicial selection which involves a direct role for citizens in selecting or re-appointing the judiciary. We identify two...
Persistent link: https://www.econbiz.de/10010292961
This paper discusses a theoretical framework to study the issues of competition and incentives without relying on the standard profit-oriented “market” model in the context of the debates about public service reform in the UK. It uses the idea that the production of public services coheres...
Persistent link: https://www.econbiz.de/10010292998