In this chapter, we propose a primer of the treatment that has received in the economic literature the problematic of entrepreneurship and rent-seeking behavior. It comprises the introduction of employed concepts, the discussion of the allocation of entrepreneurs between different types of...

In this paper we show that in highly unequal societies, different societal groups may support a rent-seeking dicator serving their interests better than the median voter in a democratic regime. Importantly, it is the stakes of dictator in the economy, in the form of capital ownership, that...

This paper discusses the trade flow effects outside the EEC following the creation of the latter. First, it focuses on the external effects of European integration on US trade specifically, and continue after that, more in general, with the induces integration effects on the trade among excluded...

The condorcet winner in an lection is the candidate who would be able to defeat all other candidates in a series pairwise elections. The Condorcet efficiency of a voting procedure is the conditional probability that it will elect the Condorcet winner, given that a Condorcet exists. The study...

Does more inequality lead to more efficiency in the management of common property resources? To answer this question, an attempt is made to develop relevant theoretical models and to articulate them with empirical evidence drawn mainly from social science studies.

The concern for measuring well-being objectively (as opposed to subjectively, that is, relying only on preferences) is found in modern political philosophy, especially in J. Rawls's, A. Sen's and G. Cohen's thoughts. This paper explains the implications of using an objective well-being index as...

The research presented in this paper aims at showing the "failure path" of firms over the five years preceding their default, based on the chronological analysis of a sample of published financial statements of both failing and non failing firms.