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Using public approval for the President of the European Commission as an example, we investigate whether there are economic effects on public support for political authority: (1) when democratic accountability is absent; and (2) when public information about authorities is low. We find that...
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This article explores whether Europeans distrust the European Central Bank (ECB) because they dislike its policies or think they cannot control the institution. Distrust of the ECB is a function of individuals believing the bank cannot be counted on to fulfill the duties that Europeans have...
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Extraction from a common pool resource (CPR), such as a fishery, can lead to socially inefficient and undesirable outcomes as a result of appropriation problems. Through regulation of the CPR, users may achieve a more profitable and socially efficient outcome. Feeny et al. (Land Econ...
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We report a two-year field experiment that solicited residents of Jamestown, Rhode Island, USA, to contribute funds to support contracts with farmers willing to provide a portfolio of public goods associated with improving the nesting success of grassland birds, particularly the Bobolink. A...
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