Open Access. Powered by Scholars. Published by Universities.®
- Institution
- Publication
- Publication Type
- File Type
Articles 1 - 2 of 2
Full-Text Articles in Political Economy
Democratic Strength And Terrorism: An Economic Approach, Brian P. Winter
Democratic Strength And Terrorism: An Economic Approach, Brian P. Winter
CMC Senior Theses
There has been much literature about the economic effects of terrorism in democratic countries, but this literature often considers democracy to be a binary variable. This paper sought to explore how the effects might differ depending on the strength of a democracy. In the end, I found that the numbers of attacks and the effects of those attacks do not follow a linear path. The results for autocracies and anocracies require further analysis, but democracies have revealed interesting results. It seems that democracies as a whole have more terrorist attacks, but, within this group, the more democratic a country is …
Sheep And Their Herders: Testing The Myth Of Rational Voters – A Latvian Case Study, Daniel Brou, Kirk Collins, Brent Mckenzie
Sheep And Their Herders: Testing The Myth Of Rational Voters – A Latvian Case Study, Daniel Brou, Kirk Collins, Brent Mckenzie
Daniel Brou
Through the use of a simple behavioural political economy model, we cast doubt on the assumption that voters behave in predictable ways dependent on their expected support for government policies. We show that under certain conditions an unfavourable (i.e. welfare reducing) policy may result, even with well-informed, welfare maximising voters. While true that voter behaviour may align with government policies, this alignment has more to do with a perceived lack of influence, rather than policy support. The case of Latvia's accession to the European Union is used as a case study to evaluate the government's policy in terms of voting …