Showing 21 - 30 of 1,199
In this paper we examine the potential of democratic constitutions for the provision of divisible public goods in a large economy. Our main insights are as follows: When aggregate shocks are absent, the combination of the following rules yields first-best allocations: a supermajority rule, equal...
Persistent link: https://www.econbiz.de/10003937264
Persistent link: https://www.econbiz.de/10003997630
Persistent link: https://www.econbiz.de/10003704533
Persistent link: https://www.econbiz.de/10003574435
Persistent link: https://www.econbiz.de/10003561503
Persistent link: https://www.econbiz.de/10003873208
Persistent link: https://www.econbiz.de/10003875375
Persistent link: https://www.econbiz.de/10003856996
Persistent link: https://www.econbiz.de/10009502683
Persistent link: https://www.econbiz.de/10009692126