Showing 1 - 10 of 178
: extended institutional and governance quality, democracy, voice and accountability, a well functioning system of law and order …
Persistent link: https://www.econbiz.de/10010264506
A group of agents wants to reform the status quo if and only if this is Pareto improving. Agents have private information and may have common or private objectives, which creates a tension between information aggregation and minority protection. We analyze a simple voting system - majority rule...
Persistent link: https://www.econbiz.de/10011380983
Natural disasters have been a major cause of human suffering. Countries with higher income, lower inequality, lower corruption, and more democratic regimes have been found to experience less casualties from disasters. Government repression, however, could also play a role in disaster...
Persistent link: https://www.econbiz.de/10010280826
This paper provides evidence of efficient taxation of groups with heterogeneous levels of tax morale. We set up an optimal income tax model where high tax morale implies a high subjective cost of evading taxes. The model predicts that nice guys finish last: groups with higher tax morale will be...
Persistent link: https://www.econbiz.de/10010283584
Persistent link: https://www.econbiz.de/10011886256
ensure arbitration’s survival. Arbitration’s viability as a popular and effective dispute resolution process will continue as … every aspect of our lives, guarantees that arbitration will remain the dispute resolution process of choice in many … technology will strengthen arbitration’s status as a convenient and effective dispute resolution process. The article will …
Persistent link: https://www.econbiz.de/10014177067
International climate protection investments (Joint Implementation and Clean Development Mechanism projects) are burdened with problems of contract enforcement, which prevent the realisation of efficiency gains associated with these investments. The paper analyses this problem from the...
Persistent link: https://www.econbiz.de/10014045406
This book explores the past, present, and future of the Internet. It explains why some crucial, commonplace ingredients of the Net such as the generic, reprogrammable PC are likely soon to be replaced, not just complemented, by a new range of information appliances and corresponding Web 2.0...
Persistent link: https://www.econbiz.de/10014047573
In the course of history a large number of politicians has been assassinated. A rational choice analysis is used to distinguish the expected marginal benefits of killing, and the marginal cost of attacking a politician. The comparative analysis of various equilibria helps us to gain insights...
Persistent link: https://www.econbiz.de/10014050152
This article analyzes the international emissions trading regime at the heart of the world's effort to address global warming as a means of exploring broader international governance issues. The trading regime seeks to marry two models of global governance, market liberalism, which embraces...
Persistent link: https://www.econbiz.de/10014051997