Showing 1 - 10 of 258
This paper presents estimates of six dimensions of governance covering 199 countries and territories for four time periods: 1996, 1998, 2000, and 2002. These indicators are based on several hundred individual variables measuring perceptions of governance, drawn from 25 separate data sources...
Persistent link: https://www.econbiz.de/10005561191
In this paper we consider the way in which authorities arise in response to the need for coordination. In a model of local interaction, an authority is understood as a self-enforcing coordination selection structure, where the threat of violence ensures compliance. Such authorities form if...
Persistent link: https://www.econbiz.de/10005550871
We explore the generality of Konrad and Lommerud (1995)'s Rotten Spouse Theorem. While the result holds for an arbitrary number of agents, it fails to hold for general technologies. We discuss some of the implications for CO2-emissions models.
Persistent link: https://www.econbiz.de/10005560976
We study the optimal provision of public goods in the context of a special class of altruistically linked utility functions. We show that the usual Samuelson condition holds as if the utility functions were independent.
Persistent link: https://www.econbiz.de/10005561004
In this discussion draft, linking research findings with concrete operational challenges, we review key issues in worldwide governance, and present recent empirical evidence. Focusing on defining and unbundling key governance components, such as rule of law, voice and accountability, corruption...
Persistent link: https://www.econbiz.de/10005561333
We investigate the effect of institutions on efficiency of training markets. After setting up a theoretical institutional framework that shows how institutions affect efficiency, we apply this framework to the real world. An empirical analysis of institutions affecting training markets will...
Persistent link: https://www.econbiz.de/10005561540
This paper anlyzes the impact of tax competition between two countries of un- equal per-capita capital endownments on tax rates and efficiency when distorting wage, residence-based and source-based capital taxes (or any combination of two instruments) are available for governments. The national...
Persistent link: https://www.econbiz.de/10005561771
This is a commentary on Vernon Smith's contributions to experimental economics
Persistent link: https://www.econbiz.de/10005561805
The Milwaukee voucher program, as implemented in 1990, allowed only non- sectarian private schools to participate in the program. Following a Wisconsin Supreme Court ruling, the program saw a major shift and entered into its second phase, when religious private schools were allowed to...
Persistent link: https://www.econbiz.de/10005125880
The article proposes Erection, Adjustment, and Death mechanisms for governmental units, giving autonomy to each citizen as in a direct democracy. Rather than focusing on a narrow model with restrictive and specialized assumptions, and subsequent solutions, as has been common in the literature,...
Persistent link: https://www.econbiz.de/10005125937