We present a legislative bargaining model of the provision of a durable public good over an infinite horizion. In each period, there is a societal endowment which can either be invested in the public good or consumed. We characterize the optimal public policy, defined by the time path of...

This paper investigates pork-barrel spending, the inefficient effect of legislature size on public spending, in at-large electoral systems. Using a rich panel data set on German municipalities whose councils are elected at-large, we employ a regression discontinuity design to estimate the causal...

Human brain has invented the Computer&upgraded it to a level of Combrains. With Artificial Chemical Memory, these may grow to function as independent Iintellects, Master/Sponsor representatives and self- decision workers with autonomy&supreme capability. Like any human society learn and function...