We propose a simple non-cooperative game model where two fragmented teams compete to increase their performance. The theoretical framework is based on the theory of conflict. We show that depending on the value of a parameter in the model, the power of the competing teams may be expressed as a...

Cet article étudie les dépenses des départements français en distinguant le budget social du budget non social. Les demandes de biens publics locaux, sociaux et non sociaux, émanent d’un électeur contribuable décisif. Ces demandes dépendent des prix fiscaux des biens publics et du...

In this paper we propose an original model of competition for effective political power between majority and opposition coalitions. The model indicates that the electoral margin of the majority and the fragmentation of both coalitions are key variables that determine their effective political...

This paper develops a theoretical framework for analyzing the decision to provide or buy insurance against the risk of natural catastrophes. In contrast to conventional models of insurance, the insurer has a non-zero probability of insolvency which depends on the distribution of the risks, the...

The present study aims to test Meltzer and Richard’s (1981) hypothesis that lower-income individuals vote for candidates who favor higher taxes and more redistribution. Assuming that left-wing parties advocate a general increase in taxation, we estimate a vote function for the French Cantonal...

This article examines how policy-makers solve problems within local representative democracies. It will be argued that politicians cannot undertake an exhaustive search of all possible policy choices; instead, they might use an incremental strategy such as the hill-climbing heuristic. These...

This paper develops a theoretical framework for analyzing the decision to provide or buy insurance against the risk of natural catastrophes. In contrast to conventional models of insurance, the insurer has a non-zero probability of insolvency which depends on the distribution of the risks, the...

The present research relaxes three of the usual assumptions made in the insurance literature. It is assumed that (1) there is a finite number of risks, (2) the risks are not statistically independent and (3) the structure of the market is monopolistic. In this context, the article analyses two...