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What role does government play in the provision of public goods? Economists have used the lighthouse as an empirical example to illustrate the extent to which the private provision of public goods is possible. This inquiry, however, has neglected the private provision of lightships. We...
Persistent link: https://www.econbiz.de/10012922617
The recent, much remarked upon decentralization in Bolivia produced four important changes in the nation's public … investment in poorer municipalities. Existing theoretical treatments of decentralization cannot account for these phenomena. This … decentralization. Analyzing the location of residual power in a political system can help cut through the thicket of contradictory …
Persistent link: https://www.econbiz.de/10014090556
This paper develops a simple dynamic, non-symmetric game between two player populations that can be generalised to a large variety of conflicts. One population attempts to re-write a current (social) contract in its favour, whereas the other prefers to maintain the status quo. In the model's...
Persistent link: https://www.econbiz.de/10009702311
This paper develops a simple dynamic, non-symmetric game between two player populations that can be generalised to a large variety of conflicts. One population attempts to re-write a current (social) contract in its favour, whereas the other prefers to maintain the status quo. In the model's...
Persistent link: https://www.econbiz.de/10013080915
Persistent link: https://www.econbiz.de/10012616187
Persistent link: https://www.econbiz.de/10012523264
Persistent link: https://www.econbiz.de/10012509422
The dissertation includes four studies broadly connected to the causes and consequences of the Global Financial Crisis of 2007-8 from a political economy perspective. Following the intro-duction, Chapter 2 analyzes the political roots of massive foreign reserves accumulation, which has...
Persistent link: https://www.econbiz.de/10011698361
The dissertation includes four studies broadly connected to the causes and consequences of the Global Financial Crisis of 2007-8 from a political economy perspective. Following the intro-duction, Chapter 2 analyzes the political roots of massive foreign reserves accumulation, which has...
Persistent link: https://www.econbiz.de/10011742243
We define the class of two-player zero-sum games with payoffs having mild discontinuities, which in applications typically stem from how ties are resolved. For games in this class we establish sufficient conditions for existence of a value of the game and minimax or Nash equilibrium strategies...
Persistent link: https://www.econbiz.de/10014168549