In this paper the approach of Constitutional Economics is presented and some of its applications are shown. First, the concept of the original position (constitutional convention) with its informational restrictions and the unanimity rule are discussed. Next, the exchange paradigm which lies...

Paternalism is an attempt to influence the decisions of individuals for their own benefit even if there are no third parties involved. This seems to be a contradiction to normative individualism which provides the general orientation of our modern democracies. Soft or libertarian paternalism...

First, the institutions of direct democracy, referendum and initiative, are described. One of the main arguments against direct political rights is that citizens are often, or even generally, not enough informed or even incompetent to decide on important political issues. Therefore, the problem...