Showing 1 - 10 of 157
This article considers how behavioral public choice theory can evolve and apply to U.S. national security, transnational security, and human rights fields. It draws upon the processes by which CIA, Defense Department, and other the Bush-Cheney administration officials implemented a new global...
Persistent link: https://www.econbiz.de/10012960623
Self-regulation is common, but comparative analysis of self-regulation and government regulation is rare. This paper identifies conditions determining whether regulation is delegated or centralized, analyzing the welfare implications of regulatory regime choice. Because regulatory authority...
Persistent link: https://www.econbiz.de/10014224400
Different beliefs about how fair social competition is and what determines income inequality, influence the redistributive policy chosen democratically in a society. But the composition of income in the first place depends on equilibrium tax policies. If a society believes that individual effort...
Persistent link: https://www.econbiz.de/10014103828
This paper develops the empirical and theoretical case that differences in economic institutions are the fundamental cause of differences in economic development. We first document the empirical importance of institutions by focusing on two “quasi-natural experiments” in history, the...
Persistent link: https://www.econbiz.de/10014023781
Employing a political-economics approach, this paper compares small states and unions when the former fail to internalize cross-border externalities of publicly provided goods. It discusses two types of unions: federations with more than one level of government and unitary states. While unitary...
Persistent link: https://www.econbiz.de/10011409985
Employing a political-economics approach, this paper compares small states and unions when the former fail to internalize cross-border externalities of publicly provided goods. It discusses two types of unions: federations with more than one level of government and unitary states. While unitary...
Persistent link: https://www.econbiz.de/10013320503
Omission of collective choice prevents the analyst from understanding the central role of political equilibrium. To create a framework that places tax policies in a broader equilibrium context, we must model the underlying collective allocation mechanism and use it as a starting point, whether...
Persistent link: https://www.econbiz.de/10014219523
Omission of collective choice prevents the analyst from understanding the central role of political equilibrium. To create a framework that places tax policies in a broader equilibrium context, we must model the underlying collective allocation mechanism and use it as a starting point, whether...
Persistent link: https://www.econbiz.de/10014220932
We consider the optimal choice set of candidates standing for elected office. The decision dimensions are in the number of candidates standing for election, and the experiential base of the candidates standing for election as measured by the length of prior experience held by the candidates and...
Persistent link: https://www.econbiz.de/10014183278
This paper develops a model of self-interested norm-driven behavior and uses it to analyze public policy formation within a democracy. If voters are concerned with broad normative issues, politicians will take policy positions in part to advance voter interests in "virtue" or "the public...
Persistent link: https://www.econbiz.de/10014223881