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Kundu, Tapas - 2017

We develop a model to discuss a government's incentives to delegate to bureaucrats the regulation of an industry. The …-based regulation policy requires the government to make use of a bureaucracy; this has a bureaucratic cost, as the bureaucracy diverts … implications for when and how a government should delegate its regulation of industry. We find that bureaucratic discretion reduces …

Persistent link: https://www.econbiz.de/10012949241

The Importance of School Systems : Evidence from International Differences in Student Achievement

Woessmann, Ludger - 2016

Students in some countries do far better on international achievement tests than students in other countries. Is this all due to differences in what students bring with them to school – socio-economic background, cultural factors, and the like? Or do school systems make a difference? This...

Persistent link: https://www.econbiz.de/10012986652

Tullock Challenges: Happiness, Revolutions and Democracy

Frey, Bruno S. - CESifo - 2011

Gordon Tullock has been one of the most important founders and contributors to Public Choice. Two innovations are typical “Tullock Challenges”. The first relates to method: the measurement of subjective well-being, or happiness. The second relates to digital social networks such as Facebook,...

Persistent link: https://www.econbiz.de/10009019143

Tullock Challenges : Happiness, Revolutions and Democracy

Frey, Bruno S. - 2011

Gordon Tullock has been one of the most important founders and contributors to Public Choice. Two innovations are typical “Tullock Challenges." The first relates to method: The measurement of subjective well-being, or happiness. The second relates to digital social networks such as Facebook,...

Persistent link: https://www.econbiz.de/10013124683

Socio-Political Conflict and Economic Performance in Bolivia

Evia, Jose-Luis; Laserna, Roberto; Skaperdas, Stergios - CESifo - 2008

We examine how socio-political conflict in Bolivia has affected its economic performance since the 1970s. Such conflict includes strikes, demonstrations, road blockades, and conventional rent-seeking. Since conflict has costs, it diverts resources away from production, tends to reduce investment...

Persistent link: https://www.econbiz.de/10005405932

Democratic Redistribution and Rule of the Majority

Corneo, Giacomo; Neher, Frank - CESifo - 2014

Does redistribution in democracies cater to the will of the majority? We propose a direct empirical strategy based on survey data that needs not assume that voters are guided by pecuniary motives alone. We find that most democracies implement the median voter’s preferred amount of...

Persistent link: https://www.econbiz.de/10011097941

Voting Suffrage and the Political Budget Cycle: Evidence from the London Metropolitan Boroughs 1902-1937

Aidt, Toke; Mooney, Graham - CESifo - 2014

We study the opportunistic political budget cycle in the London Metropolitan Boroughs between 1902 and 1937 under two different suffrage regimes: taxpayer suffrage (1902-1914) and universal suffrage (1921-1937). We argue and find supporting evidence that the political budget cycle operates...

Persistent link: https://www.econbiz.de/10010739349

The Political Sustainability of a Basic Income Scheme and Social Health Insurance

Kifmann, Mathias; Roeder, Kerstin - CESifo - 2014

This paper studies how society votes on the payroll taxes of a basic income and a social health insurance scheme. Individuals differ along the two most important dimensions when it comes to the design of the two welfare schemes, namely, income and risk. Even though the introduction of a basic...

Persistent link: https://www.econbiz.de/10010948856

Social Welfare and Coercion in Public Finance

Winer, Stanley L.; Tridimas, George; Hettich, Walter - CESifo - 2008

This paper develops an expanded framework for social planning in which the existence of coercion is explicitly acknowledged. Key issues concern the precise definition of coercion for individuals and in the aggregate, its difference from redistribution, and its incorporation into normative...

Persistent link: https://www.econbiz.de/10005181467

Private Provision of Public Goods and Information Diffusion in Social Groups

Scharf, Kimberley Ann - CESifo - 2013

We describe a dynamic model of costly information sharing, where private information affecting collective-value actions is transmitted by social proximity. Individuals make voluntary contributions towards the provision of a pure public good, and information transmission about quality of...

Persistent link: https://www.econbiz.de/10010718527