Framing effects and bounded rationality imply that election campaigns may be an important determinant of election outcomes. This paper uses a two-party setting and simple game theoretic models to analyse the strategic interaction between the parties campaign decisions. Alternations of power...

This paper examines Steindl s original 1952 model and relates it to subsequent stagnationist models. The model is then extended by introducing endogenous changes in the markup and a reformulation of the investment function. These extensions address weaknesses of the simpler models, find support...

This is a modern economic and institutional history of European grain markets. This book examines the markets' early regulation, their poor performance and the frequent market failures. Using insights from development economics and econometrics, Persson also extracts general lessons from this...