A search for multiple equilibria in urban industrial structure
In: NBER working paper series 10252
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In: NBER working paper series 10252
In: Public choice, Band 52, Heft 3, S. 227-244
ISSN: 1573-7101
In: Minimally invasive neurosurgery, Band 30, Heft 2, S. 29-34
ISSN: 1439-2291
In: Annual review of political science, Band 2, Heft 1, S. 269-295
ISSN: 1545-1577
▪ Abstract The Rochester school of political science, led by William H Riker, pioneered the new method of positive political theory. Positive political theory, or rational choice theory, represents the attempt to build formal models of collective decision-making processes, often relying on the assumption of self-interested rational action. This method has been used to study such political processes as elections, legislative behavior, public goods, and treaty formation and diplomatic strategy in international relations. In this article, we provide a retrospective account of the Rochester school, which discusses Riker's theoretical synthesis and his institution building in the 1950s, 1960s, and 1970s. We discuss some of the most important Rochester school contributions related to spatial models of voting, agenda setting, structure-induced equilibria, heresthetics, game theory, and political theory. We also briefly situate positive political theory within the larger context of political science and economics.
In: Annual review of political science, Band 2, S. 269-296
ISSN: 1094-2939
In: Mathematical social sciences, Band 23, Heft 1, S. 31-44
In: Journal of theoretical politics, Band 15, Heft 2, S. 123-144
ISSN: 1460-3667
We provide a definition of institutionalism and a schematic account that differentiates between institutional theories (in which institutions are exogenous) and theories of institutions, in which some (but not necessarily all) institutions are endogenous. Our primary argument is that institutionalism in the contemporary context is better characterized as a method than as a body of substantive work motivated by the so-called chaos problem. Secondary arguments include the following. (1) While it is important to differentiate sharply between institutions and behavior, institutionalism presupposes a well-defined behavioral concept. (2) When making the challenging transition from developing institutional theories to developing theories of institutions, it is essential to hold behavioral axioms fixed and to choose a form of equilibrium that exists for the class of games studied. (3) For most research programs today, a form of Nash equilibrium has the requisite properties while the core, and structure-induced equilibria (SIE) that rely on the core, often lack the requisite properties.
In: Journal of Theoretical Politics, Band 15, Heft 2, S. 123-144
We provide a definition of institutionalism & a schematic account that differentiates between institutional theories (in which institutions are exogenous) & theories of institutions, in which some (but not necessarily all) institutions are endogenous. Our primary argument is that institutionalism in the contemporary context is better characterized as a method than as a body of substantive work motivated by the so-called chaos problem. Secondary arguments include the following. (1) While it is important to differentiate sharply between institutions & behavior, institutionalism presupposes a well-defined behavioral concept. (2) When making the challenging transition from developing institutional theories to developing theories of institutions, it is essential to hold behavioral axioms fixed & to choose a form of equilibrium that exists for the class of games studied. (3) For most research programs today, a form of Nash equilibrium has the requisite properties while the core, & structure-induced equilibria (SIE) that rely on the core, often lack the requisite properties. 2 Figures, 38 References. [Copyright 2003 Sage Publications Ltd.]
The joint evolution of participating and complying firms in a public VA, along with the evolution of the pollution stock is examined. Replicator dynamics modeling participation and compliance are combined with pollution stock dynamics. Fast-slow selection dynamics are used to capture the fact that decisions to participate in and further comply with the public VA evolve in different time scales. Evolutionary stable (ES) equilibria depend on the structure of the legislation and auditing probability. Partial participation and partial compliance can be ES equilibria, with possible multiplicities, in addition to the monomorphic equilibria of full (non) compliance. Convergence to these equilibria could be monotonic or oscillating. Full participation and compliance can be attained if the regulator is pre-committed to certain legislation and inspection probabilities, or by appropriate choices of the legislatively set emission level and the non-compliance fine.
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In: Journal of theoretical politics, Band 16, Heft 4, S. 403-421
ISSN: 1460-3667
This paper clarifies an issue in the Hirshleifer and Rasmusen-Tsebelis controversy on the effects of penalties on crime: what is the effect of penalties if the transgression of law has a discrete nature and if the law enforcer cannot act as Stackelberg leader? We differentiate between technical (compliance costs) and institutional (penalties) parameters in the potential transgressor's payoff's functions. Depending on the penalty structure, we obtain equilibria either in pure or in mixed strategies. We confirm that the role played by penalties in mixed strategy equilibria is fundamentally different from the role they play in pure strategies. We also identify sufficient conditions for the implementability and uniqueness of given equilibria when there are restrictions on the penalties and/or on the incentive schemes for the law enforcers. Finally, we give a rationalization for the use of mixed strategies as a solution concept in law enforcement games.
In: World politics: a quarterly journal of international relations, Band 46, Heft 2, S. 209-234
ISSN: 1086-3338
This essay examines and reformulates the realist-neoliberal debate. It focuses initially on the issue of the attribution of instrumental goals to states—the goals they pursue as a function of the environment they confront—and argues not only that such goals are epiphenomena of other things but also that their specification constitutes a mere redescription of the alternative equilibria that states can achieve in anarchic systems. The world orders that realists and neoliberals envision are but alternative equilibria to a more general game. In that game cooperation, regardless of its form, must be endogenously enforced, and a debate over instrumental goals (whether it is best to model states as relative or absolute resource maximizers) is not central to the development of a theory that explains and predicts world orders.Instead, the realist-neoliberal debate should be recast. The central research agenda should be to develop models that illuminate the following: how the equilibrium to a game in which states structure international affairs influences the types of issue-specific subgames states play, how countries coordinate to equilibria of different types; how the coordination problems associated with different equilibria can be characterized; how institutions emerge endogenously to sustain different equilibria; how states can enhance the attractiveness of an equilibrium; and how states can signal commitments to the strategies that are part of that equilibrium.
In: Journal of Theoretical Politics, Band 16, Heft 4, S. 403-421
This paper clarifies an issue in the Hirshleifer & Rasmusen-Tsebelis controversy on the effects of penalties on crime: what is the effect of penalties if the transgression of law has a discrete nature & if the law enforcer cannot act as Stackelberg leader? We differentiate between technical (compliance costs) & institutional (penalties) parameters in the potential transgressor's payoff's functions. Depending on the penalty structure, we obtain equilibria either in pure or in mixed strategies. We confirm that the role played by penalties in mixed strategy equilibria is fundamentally different from the role they play in pure strategies. We also identify sufficient conditions for the implementability & uniqueness of given equilibria when there are restrictions on the penalties &/or on the incentive schemes for the law enforcers. Finally, we give a rationalization for the use of mixed strategies as a solution concept in law enforcement games. 9 References. [Reprinted by permission of Sage Publications Ltd., copyright 2004.]
In various European legal acts the Council has delegated power to the Commission to set common policy, conditional on specific procedural requirements, which are commonly known as "comitology". In this paper we analyse whether and how far these implementation procedures help to overcome a dilemma of delegation, which arises if (a) a principal and an agent have conflicting interests and (b) the principal, due to the structure of the principal-agent relationship, cannot perfectly control the agent (structure-induced agent discretion).
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This paper examines regional population distribution when there is an interregional transfer policy without commitment. We introduce explicitly the following time structure of actions. Individuals make decisions on locational choices freely ex ante, but are immobile ex post. The interregional transfer policies by regional governments and the central govenment are implemented after individuals' migration decisions. We obtain the following results. First, locally stable time-consistent equilibria are single-community equilibria when there is a pure local public good. When we extend the basic model by taking account of capital, congestion, and spillovers in the provision of a public good, it is shown that whether or not central government intervention enhances the efficiency of the population distribution depends upon several economic factors.
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