This paper formulates a general theory of how political unrest influences public policy. Political unrest is motivated by emotions. Individuals engage in protests if they are aggrieved and feel that they have been treated unfairly. This reaction is predictable because individuals have a...

Plattformen sind mehr als Unternehmen, sie sind die Herrschaftszentren unserer Zeit. Facebook, Google und Amazon ersetzen Marktplätze und öffentlichen Räume, doch sie entscheiden darüber, wer sich dort aufhalten darf und welche Regeln gelten. Von Staaten sind sie kaum zu kontrollieren, sie...

I examine how globalization affects wages and welfare in a general equilibrium model of international trade with partly oligopolistic markets. Globalization is modeled as reducing trade costs or opening up shielded sectors to trade. There is a national or international common agency that...

“Behavioural insights”, or insights derived from the behavioural and social sciences, including decision making, psychology, cognitive science, neuroscience, organisational and group behaviour, are being applied by governments with the aim of making public policies work better. As their use...