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We present a formal game theoretic model of adjudication by a collegial court. The model incorporates dispute resolution as well as judicial policy making and indicates the relationship between the two. It explicitly addresses joins, concurrences and dissents, and assumes "judicial" rather than...
Persistent link: https://www.econbiz.de/10014165221
critical reading of the new-institutional economic theory of the firm. Given a game theoretical definition of an institution …
Persistent link: https://www.econbiz.de/10014168046
We present a formal game theoretic model of adjudication by a collegial court. The model incorporates dispute resolution as well as judicial policy making and indicates the relationship between the two. It explicitly addresses joins, concurrences and dissents, and assumes 'judicial' rather than...
Persistent link: https://www.econbiz.de/10014208088
Constitutional structures shape politicians' behaviour and hence policy outcomes through the di fferent incentive schemes at work. In this paper we analyse these mechanisms in parliamentary and presidential systems. Such a comparison is carried over by analysing how the two systems are able to...
Persistent link: https://www.econbiz.de/10013030603
the intensity of a conflict. The model combines elements from network theory and from the politico-economic theory of …
Persistent link: https://www.econbiz.de/10013002623
Of the 41 HIPCs, 11 are classified by the IMF and World Bank as conflict-affected. Can debt relief reduce the level of violent conflict in these countries? By providing additional resources to finance broad-based public spending, debt relief could help to redress the grievances that contribute...
Persistent link: https://www.econbiz.de/10013043850
The civil war in Syria has been raging since 2011. We ask whether civil war experience affects voluntary cooperation and its coordination by means of peer punishment. To answer that question, we ran experiments with Syrians and Jordanians, and use a victimization index to measure the individual...
Persistent link: https://www.econbiz.de/10012295873
Benabou (2002) strengthens the so-called Efficient Redistribution Hypothesis (ERH) by demonstrating how income redistribution can promote growth and welfare by mitigating economic waste from resource misallocation that is caused by credit market frictions to production, which is subject to...
Persistent link: https://www.econbiz.de/10012957425
Parental education largely determines a child's opportunity to learn. However, a higher level of trust and a higher frequency of social interactions between adults with significantly different educational attainments shrinks the knowledge-gaps among the adults, making their human capital more...
Persistent link: https://www.econbiz.de/10012927526
Persistent link: https://www.econbiz.de/10012496835