In this brief comment, the public choice theory aims to distinguish the dilemmas and conflicts in formal and empirical. The hypothesis argues that the reality more complex than the principles of choice of Pareto and Liberalism*. Both the ethics and politics are taking decisions that are not...

We analyze a group contest in which n groups compete to win a group-specific public good prize. Group sizes can be different and any player may value the prize differently within and across groups. Players exert costly efforts simultaneously and independently. Only the highest effort (the...

We investigate the possible explanations of variations in aggregate levels of participation in large-scale political demonstrations. A simple public choice inspired model is applied to data derived from the annual May Day demonstrations of the Danish labour movement and socialist parties taking...

Both peer-to-peer punishments and rewards can be effective in increasing cooperation in dilemma situations. We follow Kamei’s experimental design [2014, Economics Letters 124, pp.199-202], except we use a reward option instead of a punishment one. Consistent with Kamei (2014), decisions to...

We empirically characterise Millennials’ policy preferences with respect welfare provision across nine EU member states. Our main findings indicate two different tendencies driving a split in young people’s policy preferences over different policy objectives. The first tendency depends on...

This brief Note has found that the location decisions of the American Indian are influenced by geographic AFDC differentials. In particular, the American Indian population is apparently strongly attracted to high welfare areas. This finding may be interpreted as yet further support for the...

We elicit human conditional punishment types by conducting experiments. We find that their punishment decisions to an individual are on average significantly positively proportional to other members’ punishment decisions to that individual.

We elicit human conditional punishment types by conducting experiments. We find that their punishment decisions to an individual are on average significantly positively proportional to other members’ punishment decisions to that individual.

Exogenously given reputational information is known to improve cooperation. This paper experimentally studies how people create such information through reporting of partner’s action choices, and whether the endogenous monitoring helps sustain cooperation, in an indefinitely repeated...

The main objective of this paper is to present a reading of The Arcades Project by Walter Benjamin in the context of the financial crisis, in particular, reflect from a few fragments of Benjamin's work appear to lie around a Black Swan. The recovery of the fragments of The Arcades seems...