Showing 1 - 10 of 26
We generalize the result of Alesina and Rodrik (1994) by showing that their static solution is also a time consistent Stackelberg solution of a differential game between the government and the median voter. Copyright Springer-Verlag Berlin/Heidelberg 2004
Persistent link: https://www.econbiz.de/10005370685
Persistent link: https://www.econbiz.de/10005370936
We present a multi-country theory of economic growth in which countries are connected by a network of mutual knowledge exchange. Growth is generated through human capital accumulation and knowledge externalities. The available knowledge in any country depends on its connections to the rest of...
Persistent link: https://www.econbiz.de/10011256592
This discussion paper resulted in a publication in <I>Social Networks</I> (2012). Vol. 34(4), pages 161-179.<P> This paper proposes a new measure for a group's ability to lead society to adopt their standard of behavior, which in particular takes account of the time the group takes to convince the whole...</p></i>
Persistent link: https://www.econbiz.de/10011256738
We consider a game played by a state sponsor of terrorism, a terrorist group, and the target of terrorist attacks. The sponsoring state wishes to see as much damage inflicted on the target of attack as possible, but wishes to avoid retaliation. To do so, his relationship with the terrorist group...
Persistent link: https://www.econbiz.de/10011257463
This paper introduces the Small World model into the theory of economic growth and investigates how increasing economic integration affects firm size and efficiency, norm enforcement, and aggregate economic performance. When economic integration is low and local connectivity is high, informal...
Persistent link: https://www.econbiz.de/10010786552
We present a multi-country theory of economic growth in which countries are connected by a network of mutual knowledge exchange. Growth is generated through human capital accumulation and knowledge externalities. The available knowledge in any country depends on its connections to the rest of...
Persistent link: https://www.econbiz.de/10010954295
This paper is concerned with the asymptotic behavior of some global quantities relating to weighted decision rules when the number of small voters tends to infinity. First, voting is assumed to be motivated by interests, so that the collective decision is "preference aggregation". Here the...
Persistent link: https://www.econbiz.de/10005043272
In general, analyses of voting power are performed through the notion of a simple voting game (SVG) in which every voter can choose between two options: 'yes' or 'no'. Felsenthal and Machover (1997) introduced the concept of ternary voting games (TVGs) which recognizes abstention alongside. They...
Persistent link: https://www.econbiz.de/10005043436
Persistent link: https://www.econbiz.de/10005067887