The emphasis on constitutional political economy has been that new rules and institutions can be devised that improve the welfare of a society. Given the number of societies that are infected with political conflict and, as a result, lower levels of welfare, this paper attempts to analyze why we...

The conventional explanation for strikes is that they are caused by an asymmetry of information about the profitability of the firm — union members are uninformed whereas management are informed. Instead, this paper builds a model of strikes where a perception of unfairness provides an...

This paper extends the political agency approach to an environment in which voting is categorised into informed and instrumental, informed and ‘expressive’, and uninformed due to ‘rational irrationality’. Politicians may be “good”, “bad”, or “populist”. Initially the...