Studies of traffic safety typically assume that policies are adopted to further the public interest, thereby ignoring the political motives for policy. Since political motives can influence the design or enforcement of policies, accounting for political motives has relevance for evaluating...

I investigate whether attempts by the media to determine a candidate's fitness for office lowers the average quality of public officials, what I call the media scrutiny paradox. Media scrutiny imperfectly signals heterogeneous candidates' type, but imposes privacy costs and reputational costs on...

I extend the standard rent seeking model to allow lobbying for a constitutional prohibition on wealth transfers. I examine two issues: (1) the ability of special interests with significant political capacity to block constitutional change; and (2) the effect of adding a constitutional stage on...

We analyze the efficiency gains from deregulating monopolies using an equilibrium rent seeking model. McCormick, Shughart and Tollison (1984) argue that the initial effort to establish regulation dissipates the monopoly profit, limiting the gain from deregulation to the efficiency cost of...

I examine the provision of free and fair elections using a decision-theoretic model in which election observers provide a noisy information signal concerning fraud. Monitoring an election is not always worth the cost and so democracy is not always sustainable. A strong preference for fair...

Stable, enforceable property rights over resources normally furthers economic efficiency. The author argues that stable rights to government created rents and wealth transfers, by contrast, generate inefficiency. Secure rights to receive transfers increases rent-seekers' incentive to make...

Public goods production is not necessarily desirable and involves higher costs than is often recognized. Specifically, public goods production may require that a small minority of individuals can collude at the expense of others or impose strategic sanctions on non-contributors. These facilities...