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The purpose of this paper is twofold. We first develop a contractarian theory of redistribution. The existence of rules of redistribution is explained without any recourse to the risk-aversion of individuals. Hence, we depart from the standard legitimization of redistribution as fundamental...
Persistent link: https://www.econbiz.de/10011539751
The power to influence the allocation of resources in coalitional bargaining stems from an agent's ability to form multiple majority coalitions (pivotality) or from the relative vote share the agent contributes to a coalition (proportionality). We distinguish between coalitional commitment,...
Persistent link: https://www.econbiz.de/10013241611
The purpose of this paper is twofold. We first develop a contractarian theory of redistribution. The existence of rules of redistribution is explained without any recourse to the risk-aversion of individuals. Hence, we depart from the standard legitimization of redistribution as fundamental...
Persistent link: https://www.econbiz.de/10013321133
Allocative and redistributive rules in the public sector are often less contingent on available information than normative theory would suggest. This paper offers a political economy explanation. Under different rules, even if the observable outcomes of policies remain the same, the...
Persistent link: https://www.econbiz.de/10014197383
Inherent behind the process of formation and development of animation clusters are sets of rules specific to the characteristics of animation industry and the factor endowment structure of different localities. Spontaneous order emerges from these conditions while effective governance and...
Persistent link: https://www.econbiz.de/10014047008
This paper looks at the case where there are two branches of a terrorist group, which operate in two different locations targeting two different countries and regions. This does away with the free rider’s problem arising out of pre-emption that has been highlighted in the literature. The free...
Persistent link: https://www.econbiz.de/10014264292
The ways of decision making within the EU have significantly changed in the last decades: the rule of unanimity has been more and more substituted by majority voting in order to speed up decision-making processes in a Union of 27 heterogeneous member states. A third possibility is now offered by...
Persistent link: https://www.econbiz.de/10010300191
We define the canonical form of a cost spanning tree problem. The canonical form has the property that reducing the cost of any arc, the minimal cost of connecting agents to the source is also reduced. We argue that the canonical form is a relevant concept in this kind of problems and study a...
Persistent link: https://www.econbiz.de/10011324968