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Akerlof, George A.; Snower, Dennis J. - 2016

Standard economics omits the role of narratives (the stories that people tell themselves and others) when they make all kinds of decisions. Narratives play a role in understanding the environment; focusing attention; predicting events; motivating action; assigning social roles and identities;...

Persistent link: https://www.econbiz.de/10011422534

Focused power : experiments, the Shapley-Shubik power index, and focal points

Geller, Chris R.; Mustard, Jamie; Shahwan, Ranya - 2013

Experiments evaluate the fit of human behaviour to the Shapley-Shubik power index (SSPI), a formula of voter power. Groups of six subjects with differing votes divide a fixed purse by majority rule in online chat rooms. Earnings proxy for measured power. Chat rooms and processes for selecting...

Persistent link: https://www.econbiz.de/10009789971

Bread and bullets

Akerlof, George A.; Snower, Dennis J. - 2016

Persistent link: https://www.econbiz.de/10011452045

Bread and bullets

Akerlof, George A.; Snower, Dennis J. - 2016

Persistent link: https://www.econbiz.de/10011413959

Social mobility and stability of democracy : re-evaluating De Tocqueville

Acemoglu, Daron; Egorov, Georgij V.; Sonin, Konstantin - 2016

An influential thesis often associated with De Tocqueville views social mobility as a bulwark of democracy: when members of a social group expect to join the ranks of other social groups in the near future, they should have less reason to exclude these other groups from the political process. In...

Persistent link: https://www.econbiz.de/10011491901

Political Economy of Redistribution

Diermeier, Daniel - 2016

It is often argued that additional constraints on redistribution such as granting veto power to more players in society better protects property from expropriation. We use a model of multilateral bargaining to demonstrate that this intuition may be flawed. Increasing the number of veto players...

Persistent link: https://www.econbiz.de/10013007171

Who is the Enemy?

Epstein, Gil S.; Gang, Ira N. - 2021

We examine who benefits when there is a strong leader in place, and those who benefit when a situation lacks a proper leader. There are fractious terrorist groups who seek to serve the same people in common cause against a common enemy. The groups compete for rents obtained from the public by...

Persistent link: https://www.econbiz.de/10013319123

Condorcet Choice Correspondences for Weak Tournaments

Peris, Josep E.; Subiza, Begona - 1999

Tournaments are complete and asymmetric binary relations. This type of binary relation rules out the possibility of ties or indifferences which are quite common in other contexts. In this work we generalize, from a normative point of view, some important tournament solutions to the context in...

Persistent link: https://www.econbiz.de/10014202548

Political Economy in a Changing World

Acemoglu, Daron - 2014

We provide a general framework for the analysis of the dynamics of institutional change (e.g., democratization, extension of political rights, or repression of different groups), and how these dynamics interact with (anticipated and unanticipated) changes in the distribution of political power...

Persistent link: https://www.econbiz.de/10013063669

Group contests with internal conflict and power asymmetry

Choi, Jay Pil; Chowdhury, Subhasish M.; Kim, Jaesoo - 2014

We investigate situations in which players make costly contributions as group members in a group conflict, and at the … asymmetry and complementarity in members'efforts, and analyze how each group's internal conflict in-fluences its chance of … winning in the external conflict. We find that a more symmetric group may expend more effort in external conflict when the …

Persistent link: https://www.econbiz.de/10010467392

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