Main description: Management Gurus und andere Beobachter bezeichnen spektakuläre Veränderungen in Märkten gern als "Revolution". In weit über 1.000 Veröffentlichungen werden Marktdynamiken als Revolution kategorisiert. Aber was genau ist mit einer Marktrevolution gemeint? Und, wesentlich...

There is a controversy in Germany and at an international level on whether economics, as represented in the top journals, is moving away from political economy towards abstract reasoning. Defenders of the mainstream argue that with inevitably increasing specialization, research must combine...

We build a model of conflict in which two groups contest a resource and must decide on the optimal allocation of labor between fighting and productive activities. In this setting, a diaspora emanating from one of the two groups can get actively involved in the conflict by transferring financial...

Why did the most prosperous colonies in the British Empire mount a rebellion? Even more puzzling, why didn't the British agree to have American representation in Parliament and quickly settle the dispute peacefully? At first glance, it would appear that a deal could have been reached to share...

Following the 2011 wave of political unrest, going from the Arab Spring to UK riots, the formation of a large consensus around Internet censorship is underway. Beyond all political consideration of consequences in terms of freedom of expression, the present paper adopts a social simulation...

This paper develops a simple model to show how social insurance affects the desire to revolt against property rights. It then tests for the effect of social insurance on revolt by introducing a panel data set derived from surveys across 200,000 randomly sampled individuals from the 1970s to the...

A distinctive feature of recent revolutions was the key role of social media (e.g. Facebook, Twitter and YouTube). In this paper, we study its role in mobilization. We assume that social media allow potential participants to observe the individual participation decisions of others, while...