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Gordon Tullock has been one of the most important founders and contributors to Public Choice. Two innovations are typical "Tullock Challenges". The first relates to method: the measurement of subjective well-being, or happiness. The second relates to digital social networks such as Facebook,...
Persistent link: https://www.econbiz.de/10009001072
Gordon Tullock has been one of the most important founders and contributors to Public Choice. Two innovations are typical “Tullock Challenges”. The first relates to method: the measurement of subjective well-being, or happiness. The second relates to digital social networks such as Facebook,...
Persistent link: https://www.econbiz.de/10009003653
John Locke famously argued that the governed are unlikely to consent to a form of political power that unduly exposes them to harm. Nowadays, non-arbitrary political power is often understood as requiring governing institutions to strike a difficult balance between capacity and constraint....
Persistent link: https://www.econbiz.de/10008611108
autonomy to each individual as in a direct democracy. The mechanism is designed such that Pareto optimality is possible, in …
Persistent link: https://www.econbiz.de/10008615597
The approaches and opinions of economists often dominate public policy discussion. Economists have gained this privileged position partly (or perhaps mainly) because of the obvious relevance of their subject matter, but also because of the unified methodology (neo-classical economics) that the...
Persistent link: https://www.econbiz.de/10008567782
Persistent link: https://www.econbiz.de/10008578008
Though in decline recently, military conscription is still a widely used mode of staffing armies. Since not many valid economic, social or military arguments in favor of the draft can be put forward, the question emerges why societies choose to rely on it. In this survey we explain the political...
Persistent link: https://www.econbiz.de/10008583739
federalization could also be beneficial for increasing Romania’s degree of democracy, as the decisions directly concerning the …
Persistent link: https://www.econbiz.de/10009143839
The privatization idea may have lost some of its luster in recent years, but it remains relevant in today's socio-economic environment and is pursued consistently in industrialized and industrializing countries alike. Hong Kong has followed the general pattern in a manner reflecting its...
Persistent link: https://www.econbiz.de/10009194288
International efforts on abating climate change, focusing on reductions of greenhouse gas emissions, have thus far proved unsuccessful. This motivates exploration of other strategies such as climate engineering. We modify the Dynamic Integrated model of Climate and the Economy (DICE), and use it...
Persistent link: https://www.econbiz.de/10008765639