Indivisibilities are at the core of economic theory as rarely individuals can or want to limitlessly divide goods, inputs and activities, as well as related economic phenomena such as economies of scale, externalities and public goods. Indivisibilities help in explaining conflicts over social...

Is it possible to constrain a human society in such a way that self-organization will thereafter tend to produce outcomes that advance the goals of the society? Such a society would be self-organizing in the sense that individuals who pursue only their own interests would none-the-less act in...

Blockchains have enabled innovation in distributed economic institutions, such as money (e.g. cryptocurrencies) and markets (e.g. DEXs), but also innovations in distributed governance, such as DAOs, and new forms of collective choice. Yet we still lack a general theory of blockchain governance....

Identification forms a key part of all but the least sophisticated economic and political transactions. More complex or significant transactions demand more formal identification of the parties involved. In this paper we develop an institutional as well as a public choice theory of identity. We...

Participatory vision-building (PVB) seems promising in fostering collective action to overcome complex social-environmental dilemmas and to attain socially desirable outcomes. By assisting the relevant actors in visualising their desired future and imagining how it would feel to be an active...

The process of development is linked to the rise of an integrated and competitive economy and polity that allow a maximal division of labor and innovation. This process relies on two intertwined dynamics. First, in the establishment of the rule of law, legal instruments are appropriated by those...

This paper analyses public policy choices in the security economy from an economic perspective. It discusses the role of public goods for national and global security and identifies the importance of the first- and second-order indirect effects of insecurity on economic activity, which include...

Vital importance to any society is the establishment and conduct of human rights, including economic and social rights. This paper comparatively examines the economic and social rights within the Egyptian Constitution and local law provisions, with the United Nations Declaration of Human Rights...

Scholars have increasingly investigated “crowdsourcing” as an alternative to expert-based judgment or purely data-driven approaches to predicting the future. Under certain conditions, scholars have found that crowd-sourcing can outperform these other approaches. However, despite interest in...