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This paper explores the conditions under which compliance with a social contract establishes an equilibrium in a society. It is assumed that society consists of two groups, one of which has a comparative advantage in using violence, whereas the other one has a comparative advantage in producing...
Persistent link: https://www.econbiz.de/10001725457
Persistent link: https://www.econbiz.de/10001930794
This paper explores conditions under which dictators comply with a social contract. We assume society to consist of two groups, one with a comparative advantage in using violence, the other one with a comparative advantage in producing private goods. Violence can be used to produce security or...
Persistent link: https://www.econbiz.de/10014077672
Persistent link: https://www.econbiz.de/10003385998
The aim of this paper is to derive conditions under which either dictatorship or the rule of law are the equilibria of a post-constitutional game. It thus contributes to positive constitutional economics, i.e., the research program that is interested in explaining the emergence of constitutions...
Persistent link: https://www.econbiz.de/10003187045
This paper explores the conditions under which compliance with a social contract establishes an equilibrium in a society. It is assumed that society consists of two groups, one of which has a comparative advantage in using violence, whereas the other one has a comparative advantage in producing...
Persistent link: https://www.econbiz.de/10014169077
Before joining the European Union countries from Central and Eastern Europe have to adopt the acquis communautaire, i.e. the system of legal rules developed in the Union. The paper outlines an economic theory of optimum legal areas, that is used to determine the optimal size of the Union as well...
Persistent link: https://www.econbiz.de/10010296907
Before joining the European Union countries from Central and Eastern Europe have to adopt the acquis communautaire, i.e. the system of legal rules developed in the Union. The paper outlines an economic theory of optimum legal areas, that is used to determine the optimal size of the Union as well...
Persistent link: https://www.econbiz.de/10008509557
Persistent link: https://www.econbiz.de/10000913811