A prominent feature of wage contracting in the United States is the "bunched" timing pattern that is often associated with the process of pattern bargaining. The model describes the bunching of wage contracts as the equilibrium outcome of decentralized decisions in an economy composed of both...

This paper develops a positive theory of insurrections that treats insurrection and its deterrence or suppression as economic activities that compete with production for scarce resources. The general equilibrium analytical framework reveals how the allocation of labor time among insurrection,...