Political Economy

Political economy studies the two-way interaction between polity and economy. It studies how different political systems affect economic performance (especially the welfare of citizens) and how the economy constrains and ultimately defines the political system. Traditionally, political economy has dealt with problems such as electoral competition, the economic analysis of law, lobbying, electoral rules, social insurance, environmental policy, institutions and accountability, the control of bureaucracy, regulation, taxation, public debt, international policy coordination, and the role of both monetary and fiscal policy on growth and economic cycles. The tools used range from principal-agency, game theory and general equilibrium, both static and dynamic. More recent topics include the breakup of nations, the origins and development of political institutions, political reform in transition economies, and the role of culture, ethnicity, and gender in explaining economic outcomes.

Related posts

From theory to application
Péter Bayer, P. Jean-Jacques Herings, Ronald Peeters and Frank Thuijsman
In a recent paper, we investigate the conditions under which adaptive learning | READ MORE ...
Article
Francis Bloch Gabrielle Demange
This paper studies data collection by a monopolistic Internet platform. We show | READ MORE ...
Article
Yann Bramoullé, Caroline Orset
In their efforts to affect regulations, firms have developed specific | READ MORE ...
Article
Sebastian Bervoets, Mathieu Faure
The stability of Nash equilibria has often been studied by examining the | READ MORE ...
Book
Sanjeev Goyal
Networks pervade social and economic life, and they play a prominent role in | READ MORE ...
From theory to application
Matteo Zavalloni, Meri Raggi, Davide Viaggi
Conservation of biodiversity and ecosystem services, pollution control, and | READ MORE ...
Other
Alexey Savvateev, Constantine Sorokin, Shlomo Weber
The paper provides consistent mathematical framework for seminal Tiebout free- | READ MORE ...
Working paper
Daniel Ladley and Peter L. Rousseau
We assess systematic risk in the U.S. banking system before and after the Panic | READ MORE ...
Article
Patrick Harless, Vikram Manjunath
Individuals form preferences through search, interviews, discussion, and | READ MORE ...
Working paper
Agnieszka Rusinowska, Akylai Taalaibekova
We consider a model of competitive opinion formation in which three persuaders | READ MORE ...
Working paper
Jordi Brandts, Leonie Gerhards and Lydia Mechtenberg
Inequalities in democracies are multi-faceted. They not only incorporate | READ MORE ...
Article
Anna Bogomolnaia, Hervé Moulin, Fedor Sandomirskiy, Elena Yanovsk
A mixed manna contains goods (that everyone likes) and bads (that everyone | READ MORE ...
Article
A.van den Nouweland, M.Wooders
Share equilibrium was introduced in van den Nouweland and Wooders (2011) as an | READ MORE ...
Article
Markus Kinateder, Luca Paolo Merlino
We study a local public good game in an endogenous network with heterogeneous | READ MORE ...
Working paper
Claude d'Aspremont and Rodolphe Dos Santos Ferreira
We use a comprehensive model of strategic household behaviour in which the | READ MORE ...
Working paper
Béatrice Boulu-Reshef, Samuel H. Brott, Adam Zylbersztejn
We study a finitely repeated public goods game (based on the voluntary | READ MORE ...
Working paper
Jorge Marco, Renan Goetz
This study revisits the problem of the tragedy of the commons. Extracting | READ MORE ...
From theory to application
Antonin Macé and Rafael Treibich
The recent vote on the Brexit, and the withdrawal of the US from the Paris | READ MORE ...
Article
Michele Lombardi, Naoki Yoshihara
We study Nash implementation by natural price–quantity mechanisms in pure | READ MORE ...
Article
Jens Leth Hougaard, Hervé Moulin
Users share the cost of unreliable non-rival projects (items). For instance, | READ MORE ...
Working paper
Béatrice Boulu-Reshef, Samuel H. Brott, Adam Zylbersztejn
We study a finitely repeated public goods game (based on the voluntary | READ MORE ...
Article
Klaus Desmet, Ignacio Ortuño-Ortín, Shlomo Weber
This paper advances the hypothesis that in societies that suffer from | READ MORE ...
Working paper
Mathieu Faure, Nicolas Gravel
This paper establishes an equivalence between three incomplete rankings of | READ MORE ...
Article
Patrick Harless
We propose and study a new axiom, restricted endowment additivity, for the | READ MORE ...
Article
C. Patrick Doncaster, Alessandro Tavoni, James G. Dyke
Effective responses to climate change may demand a radical shift in human | READ MORE ...
Working paper
Stefano Carattini, Simon Levin and Alessandro Tavoni
Given the global public good properties of climate change mitigation, | READ MORE ...
From theory to application
Florent Dubois, Christophe Muller
.
Working paper
Anne Van den Nouweland and Myrna Wooders
Share equilibrium was introduced in van den Nouweland and Wooders (2011) as an | READ MORE ...
Article
Walter Bossert, Burak Can, Conchita D’Ambrosio
We provide a characterization of a class of rank-mobility measures. These | READ MORE ...
Working paper
Craig Brett and John A Weymark
Pairwise majority voting over alternative nonlinear income tax schedules is | READ MORE ...
Article
Marcus Miller, Sayantan Ghosal
Shylock's insistence in 'The Merchant of Venice' that his “pound | READ MORE ...
Article
Arno Riedl, Ingrid M.T. Rohde and Martin Strobel
Coordination problems resembling weakest-link games with multiple Pareto ranked | READ MORE ...
Working paper
Yann Rébillé, Lionel Richefort
We model a bipartite network in which links connect agents with public goods. | READ MORE ...
Article
Marta Faias, Emma Moreno-García, Myrna Wooders
We consider an economy with multiple private goods and multiple public goods. | READ MORE ...
Working paper
Doruk İriş, Jungmin Lee and Alessandro Tavoni
The provision of global public goods, such as climate change mitigation and | READ MORE ...
Working paper
Valentina Bosetti, Melanie Heugues, Alessandro Tavoni
We study the effect of leadership in an experimental threshold public ‘bad’ | READ MORE ...
UniCredit & Universities Foundation, launches the fifth UWIN Best Paper | READ MORE ...
Book
AA.VV.
"A beautiful dozen. Twelve papers presented in 20 years of meetings of the | READ MORE ...
Article
Jordi Massó, Antonio Nicolò, Arunava Sen, Tridib Sharma, Levent Ülkü
We study efficiency and fairness properties of the equal cost sharing with | READ MORE ...
Article
P. Jean-Jacques Herings, Arkadi Predtetchinski
We study the implications of procedural fairness on the share of income that | READ MORE ...
Article
Sebastian Bervoets, Vincent Merlin, Gerhard J. Woeginger
We analyze the complexity of vote trading problems with equal-sized voting | READ MORE ...
This mini-course was presented by Myrna Wooders at the 2014 International Game | READ MORE ...
Working paper
Jean Hindriks and Yukihiro Nishimura
Multinational companies can shift profit and income between branches in order | READ MORE ...
Working paper
Simon Gaechter, Friederike Mengel, Elias Tsakas, Alexander Vostroknutov
In a novel experimental design we study dynamic public good games in which | READ MORE ...
Book
Gabrielle Demange and Myrna Wooders
Broad and diverse ranges of activities are conducted within and by organized | READ MORE ...
Article
Andrew F. Daughety and Jennifer F. Reinganum
We model privacy as an agent's choice of action being unobservable to | READ MORE ...
Working paper
Adam Zylbersztejn
Several experimental studies show that ex post communication promotes | READ MORE ...
From theory to application
image
Fuhito Kojima
Market design is a rapidly growing field of economics. In a somewhat stylized | READ MORE ...
Article
Myrna Wooders and Anne van den Nouweland
We define a concept of share equilibrium for local public good (or club) | READ MORE ...
Article
Yann Bramoullé and Rachel Kranton
This paper considers incentives to provide goods that are non-excludable along | READ MORE ...
Working paper
Marta Faias, Emma Moreno-Garcia and Myrna Wooders
Bergstrom, Blume and Varian (1986) provides an elegant game-theoretic model of | READ MORE ...
Working paper
Nizar Allouch
This paper analyzes the private provision of public goods where consumers | READ MORE ...
Working paper
Claude d'Aspremont and Rodolphe Dos Santos Ferreira
We present a comprehensive model of household economic decision covering both | READ MORE ...
Working paper
Jean-Jacques P. Herings and Arkadi Predtetchinski
We study the implications of procedural fairness on income taxation. All | READ MORE ...
Working paper
Jean-Jacques P. Herings and Arkadi Predtetchinski
We study the implications of procedural fairness on income taxation. We | READ MORE ...
Working paper
Rémy Oddou
This paper analyzes the effect of spillovers and congestion of local public | READ MORE ...
Working paper
Hubert Kempf and Grégoire Rota-Graziosi
This note investigates the endogenous choice of leadership in commodity tax | READ MORE ...
Working paper
Ernesto Reuben and Arno Riedl
Economic and social interaction takes place between individuals with | READ MORE ...
Working paper
Juan D. Moreno-Ternero
We study mechanisms to construct equal-opportunity policies for resource | READ MORE ...
Working paper
Jean-Marc Bonnisseau and Elena L. Del Mercato
We consider a general model of pure exchange economies with consumption | READ MORE ...
Working paper
Hideo Konishi and Taiji Furusawa
We consider a two-stage public goods provision game: In the first stage, | READ MORE ...
Working paper
Ben Zissimos and Myrna Wooders
We show that, in a setting where tax competition promotes effciency, variation | READ MORE ...
Working paper
Michael Kosfeld, Akira Okada and Arno Riedl
Centralized sanctioning institutions are of utmost importance for overcoming | READ MORE ...
Working paper
Anna Bogomolnaia, Michel Le Breton, Alexei Savvateev and Shlomo Weber
This paper examines a model of multijurisdiction formation where individuals | READ MORE ...
Working paper
A. Van den Nouweland and Myrna Wooders
We define a concept of status equilibrium for local public good economies. A | READ MORE ...
Working paper
Antoni Meseguer-Artola, Myrna Holtz Wooders and Juan-Enrique Martinez-Legaz
In this paper we introduce a new approach to representing both TU-games and NTU | READ MORE ...
Working paper
Santiago Sánchez-Pagés
We analyze a situation where individuals and coalitions can obtain effective | READ MORE ...
Working paper
Alexander Kovalenkov
We introduce the framework of parameterized collections of games with and | READ MORE ...
Working paper
Salvador Barberà and Carmen Bevià
We consider the following allocation problem: A fixed number of public | READ MORE ...
Working paper
John Conley and Hideo Konishi
Tiebout’s basic claim was that when public goods are local, com-petition | READ MORE ...
Working paper
Guillaume Haeringer
This paper studies the stability of a finite local public goods economy in | READ MORE ...
Working paper
Philippe Jehiel and Suzanne Scotchmer
The rules under which jurisdictions (nations, provinces) can deny immigration | READ MORE ...
Book
Henry Tulkens, P. Chander, J. Drèze, C.K. Lovell and J. Mintz
The twenty-two papers collected in this volume illustrate the itinerary of | READ MORE ...
Article
Ana Mauleon, Jose Sempere-Monerris and Vincent Vannetelbosch
We analyze how different rules for exiting an alliance affect the formation of | READ MORE ...
Developed by Paolo Gittoi