Showing 41 - 50 of 27,852
(1962). It turns out that the stability properties of the model change if one takes a more realistic “incrementalist” view …
Persistent link: https://www.econbiz.de/10011294659
We study the formation of a ruling coalition in political environments. Each individual is endowed with a level of political power. The ruling coalition consists of a subset of the individuals in the society and decides the distribution of resources. A ruling coalition needs to contain enough...
Persistent link: https://www.econbiz.de/10005086580
By signing an international river sharing agreement (RSA), countries voluntary commit to release water in exchange for a compensation. We examine the robustness of such commitments to reduced water flows. We focus on RSAs that satisfy core lower bounds and fairness upper bounds. We characterize...
Persistent link: https://www.econbiz.de/10009369341
Perfect equilibria of dynamic political games. The present paper examines issues of stability and reform when such equilibria … exist. Which environments tend toward institutional stability? Which tend toward reform? We show that when political rules … decisions alone. More generally, we identify sufficient conditions for stability and reform in terms of recursive self selection …
Persistent link: https://www.econbiz.de/10005062355
Are natural resources a source of conflict or stability? Empirical studies demonstrate that rents from natural … source of conflict and the rentier state view which emphasizes the role of resource rents in promoting peace and stability … struggle. We demonstrate that the associated increased cost of conflict may in fact promote regime stability. The peaceful …
Persistent link: https://www.econbiz.de/10010574393
By signing an international river sharing agreement (RSA), countries voluntary commit to release water in exchange for a compensation. We examine the robustness of such commitments to reduced water flows. We focus on RSAs that satisfy core lower bounds and fairness upper bounds. We characterize...
Persistent link: https://www.econbiz.de/10008828617
. The stability analysis of the dynamical system is carried out and a detailed description of the behavior of trajectories …, the linear stability of monomorphic states in the discrete-time replicator coincides with the one of the continuous case …
Persistent link: https://www.econbiz.de/10011166109
This paper compares stability of international environmental agreements for six different rules of coalition formation … coalitions. From a policy perspective, counterintuitively, it turns out that stability is higher under exclusive than under open … membership and stability increases with the degree of unanimity. We discuss the policy implications of our result for future …
Persistent link: https://www.econbiz.de/10011325099
architectures that cannot prevent free-riding in public good network games. Finally, we show that aggregation enhances the stability …
Persistent link: https://www.econbiz.de/10011943088
We consider a model of the 'world' with several regions that may create a unified entity or be partitioned into several unions (countries). The regions have distinct preferences over policies chosen in the country to which they belong and equally share the cost of public policies. It is known...
Persistent link: https://www.econbiz.de/10010270924