We develop a game-theoretic analysis of terrorism that examines the interaction between a terrorist organization and multiple target countries, and considers both pre-emption and deterrence as counter-terrorist policies. The damage from terror includes not only the material cost of fatality,...

Admittedly, the balance of power within the European institutions, especially those related to financial stability and economic policy, is controlled by Germany. The German Federal Republic as the "main creditor" controls the Eurogroup, the Euro Working Group and has privileged relations with...

The North American Free Trade Agreement (NAFTA) once again became a newsworthy topic in the US media, this time during the contested Spring 2008 Democratic primary for the US presidency, particularly from campaign talking-points originating within Midwestern Rust-Belt states. Although the merits...

For decades, scholars have recognized that most citizens have little or no political knowledge, and that it is in fact rational for the average voter to make little effort to acquire political information. This article shows that rational ignorance is fully compatible with the so-called paradox...

Democracy is explained by giving the power to the government, with the consent of citizens, expressing their will, directly or indirectly through voting. Promoting and respecting individual and collective rights and freedoms is the foundation of democracy. Citizen participation is remarkable on...

Worldwide, there are many Indigenous communities who distrust the Natural Resources industry due to historical economic, environmental, social, and cultural practices. These communities also often distrust National and Sub-National governments that regulate these industries. At the same time,...

There is great fragility in the maintenance of civil discourse. History tells us that it can, and will, fracture, counseling vigilance in its defense. And, that commitment requires revisiting from time to time valuable insights from great minds of the past who have pondered why civil discourse...

As the federal debt increases, the inevitable point comes closer when Congress will be forced to act against the deficit. They can then choose an orderly reduction or disorderly cuts as applied in, e.g., Greece. An orderly reduction involves structural reforms to permanently reduce federal...

The importance of regulation has risen over the past 40 years. It has been central to economic growth as well as an important part of social progress. Whilst governments have progressively tended to become less involved in direct service provision, regulation has become an expanding part of...

Australia’s harmonised occupational health and safety (OHS) regulatory regime was scheduled to commence 1 January 2012. Presently, however, only seven (out of nine) jurisdictions have enacted harmonised laws, most with differences. That the harmonisation initiative has not (yet) delivered on...