Critiques of liberal, top-down approaches to peacebuilding have motivated a discussion of alternative, locally-led, and community-based approaches to achieving and maintaining sustainable peace. This article uses a case study of women’s savings and credit cooperatives in post-violence Nepal to...

The study models the spread of Nepal’s civil war across geography and over time. The potential effects of poverty, geography, caste, and prewar election outcomes on the spread and intensity of war-violence is examined, using data from the 1996 to 2006 Nepalese-Maoist civil war. Results...

Why do sudden and massive social, economic, and political changes occur when and where they do? Are there institutional preconditions that encourage such changes when present and discourage such changes when absent? I employ a general model which suggests that cascades which induce massive...

Why do sudden and massive social, economic, and political changes occur when and where they do? Are there institutional preconditions that encourage such changes when present and discourage such changes when absent? I employ a general model which suggests that cascades which induce massive...

Ken Arrow (1998) asks, “What has economics to say about racial discrimination?” He replies – entirely correctly – that racial “segregation within an industry – that is, firms with either all black or all white labor forces” – may be explained by economic theory, but “the...

The election of extreme political leaders is often associated with changes in political institutions. This paper studies these phenomena through a model in which the median voter elects a leader anticipating that he will impose institutional constraints—such as constitutional amendments,...

Impersonal exchange has been a major driver of economic development. But transactors with no stake in maintaining an ongoing relationship have little incentive to honor deals. Therefore, all economies have developed institutions to support honest trade and realize the gains of impersonal...