This paper analyses a model of electoral competition with lobbying, where candidates hold private information about their willingness to pander to lobbies, if elected. I show that this uncertainty induces risk-averse voters to choose candidates who implement policies biased in favor of the...

This paper develops an expanded framework for social planning in which the existence of coercion is explicitly acknowledged. Key issues concern the precise definition of coercion for individuals and in the aggregate, its difference from redistribution, and its incorporation into normative...

This paper discusses aspects related to the green technology sector in Germany. In a first step institutional reforms enabling diffusion of green technologies are analysed. Cost arguments are also taken into account. In a second step a theoretical model developed by Tanguay et al. (2004) is...

This paper is inspired by a puzzling empirical fact that despite the importance of controlling migration for their future, the host countries allocate very limited amounts of resources to the struggle against illegal immigration. The present model analyzes this issue in the context of low...