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induces a contest between users of the public goods who want to free ride and the providers who want to exclude free riding …. This contest explains the costs of decentralization. A centralized contribution does not rely on an exclusion mechanism to …
Persistent link: https://www.econbiz.de/10010318964
Enduring violent conflict is the flip side of the coin of a weak state. In this article, I propose some political economy underpinnings for the persistence of conflict (and the weak state). Focusing on the case of Colombia, I discuss three broad sets of mechanisms that are also relevant...
Persistent link: https://www.econbiz.de/10012941543
The issue of internal security has become increasingly complex over the past decades. As there is an increasing overlap between private and public provision of security, the question of how to allocate responsibility for security between the public sphere (state) and the private sphere has...
Persistent link: https://www.econbiz.de/10013279966
The issue of internal security has become increasingly complex over the past decades. As there is an increasing overlap between private and public provision of security, the question of how to allocate responsibility for security between the public sphere (state) and the private sphere has...
Persistent link: https://www.econbiz.de/10013285829
). Embedding the provision game into a contest that rewards larger contributions by a higher probability of winning a prize may … requires a negative relationship between prize and the decisiveness of the contest. We illustrate our findings with the example …
Persistent link: https://www.econbiz.de/10014212027
This paper looks carefully at situations in which public and private protection are complementary, that is, when private protection must be coordinated with public protection to be effective. For example, home alarms deter theft by being connected to a local police station: if the police do not...
Persistent link: https://www.econbiz.de/10012871161
efficiently. For the case of a Tullock contest with endogenously determined rent, I analyze the circumstances under which …
Persistent link: https://www.econbiz.de/10005178237
Over a million people in the United States are employed in private security and law enforcement, yet very little is known about the effects of private police on crime. The current study examines the relationship between a privately-funded university police force and crime in a large U.S. city....
Persistent link: https://www.econbiz.de/10010472493
A large share of public funds is spent on private goods (education, health care, day care, etc.). This paper integrates two different approaches to the analysis of public provision of private goods. While normative public economics has established an efficiency case for such provision, the...
Persistent link: https://www.econbiz.de/10011588509
This article uses economic categories to show how the reorganization of civil procedure in the case of class action is not merely aimed at providing a more efficient litigation technology, as hierarchies (and company law) might do for other productive activities, but that it also serves to...
Persistent link: https://www.econbiz.de/10013114653