In large cities with harbors or rivers, ferry services have been an important part of public transport. In practice, many ferry terminals are subject to geographical and environmental conditions, limited space resources of the terminal pool, narrow navigable waters of ships, which leads to...

In large cities with harbors or rivers, ferry services have been an important part of public transport. In practice, many ferry terminals are subject to geographical and environmental conditions, limited space resources of the terminal pool, narrow navigable waters of ships, which leads to...

Blockchain-based “Decentralized Autonomous Organizations” (DAOs) communities risk perpetuating the 1990s Californian Ideology of techno-elitism in their imaginary of “autonomy” via technological determinism, free-market economics, and “engineering” approach to social and political...

Based on Ethereum blockchain, Decentralized Autonomous Organization (DAO) provides a possible solution to decentralized governance, and many Decentralized Finance (DeFi) applications adopt the novel governance mechanism. However, by analyzing governance in Maker protocol, we find that...

This thesis critically evaluates the governance, resolution of disputes and regulation of decentralised autonomous organisations (DAOs) through the lens of institutional cryptoeconomics (IC). DAOs, which use smart contracts, and therefore blockchain, are a new type of organisation, which can...

This paper analyses the heterogeneous effects of the decentralization of collective bargaining on the incidence of wage increases and wage dispersion in Finland. We use linked employer-employee panel data for the 2005-2013 period, which includes major changes in bargaining systems and economic...

Patient mobility is a key issue in the EU who recently passed a new law on patients’ right to EU-wide provider choice. In this paper we use a Hotelling model with two regions that differ in technology to study the impact of patient mobility on health care quality, health care financing and...

This paper shows that the inefficiency of fiscal decentralization in the presence of spillovers, a main tenet of the decentralization literature, is overturned in a particular transportation context. In a monocentric city where road (bridge) capacity is financed by budget-balancing user fees,...

In a career-concern model of politics with endogenous candidacy and different types of politicians, following a decentralization reform, politicians with different skills are elected in municipalities characterized by different levels of autonomous resources. As an effect, consumer welfare...

We study how natural-resource rents affect the risk of internal conflict within countries and how the federal structure of countries influences this relationship. Natural-resource abundance may induce excessive rent-seeking and thus increase the risk of internal conflict. Fiscal and political...