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This paper overviews theoretical and empirical contributions that study political borders from an economic perspective. It reviews theories of the number and size of nations focused on the trade-off between economies of scale in public-good provision and heterogeneity of preferences over public...
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Lobbying in Brüssel ist eine notwendige, aber auch eine sehr herausfordernde Aktivität von Unternehmen und ihren Interessenvertretungen. Die Frage nach den Determinanten des Erfolges ist nahe liegend, bleiben doch zahlreiche Anstrengungen letztlich wirkungslos. Der Hintergrund dieses...
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It is well-known that the ability of the Vickrey-Clarke-Groves (VCG) mechanism to implement efficient outcomes for private value choice problems does not extend to interdependent value problems. When an agent's type affects other agents' utilities, it may not be incentive compatible for him to...
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Under what conditions do self-serving political elites choose to promote conspiracy theories? We build on existing insights, which maintain that conspiracies promote withdrawal and skepticism among voters, to argue that conspiracy-pandering is one strategy for altering the information...
Persistent link: https://www.econbiz.de/10012839405
It is well-known that the ability of the Vickrey-Clarke-Groves (VCG) mechanism to implement efficient outcomes for private value choice problems does not extend to interdependent value problems. When an agent's type affects other agents' utilities, it may not be incentive compatible for him to...
Persistent link: https://www.econbiz.de/10012734128
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