This collection of essays investigates issues related to elections and wars. In the first essay, we present an auction-type model of war and characterize its unique equilibrium. We offer three different explanations for the causes of wars. First, as an individual-level explanation of war, we show that wars occur due to information asymmetry between governments. Second, as a societal-level expla...

The line of scholarship dominating Anglophone geographers’ approaches to studying economic geography since 1980 can be characterized as geographical political economy; an approach prioritizing commodity production over market exchange. Here the spatialities of capitalism co-evolve with its economic processes and economic, political, cultural and biophysical processes are co-implicated with one ...

It is a great honour to give this year’s Keynes lecture. I have chosen as my subject the New Political Economy, a body of research and thinking that has ‡ourished in the past …fteen years or so at the interface between economics and politics. At the margin the New Political Economy reverses the split that occurred between the disciplines of economics and political science at the end of the nine...

Taking the view that constitutions are devices Whereby people coordinate to specific equilibria in circumstances that allow multiple equilibria, we show that a constitutional secession clause can serve as such a device and, therefore, that such a clause is more than an empty promise or an ineffectual threat. Employing a simple three-person recursive game, we establish that under certain conditi...

is paper uses a formal electoral model as the basis for discussion of various political episodes in British and US history and to evaluate the logic of Madison’s argument about the republican scheme of government. is leads to the inference that political choice involves electoral judgment as well as preference. e stochastic electoral model is extended to incorporate the basis of judgment, namel...

This paper traces the development and structure of the global political economy. After first explaining why politics and economics and inextricably connected, the paper goes on detail how these processes have become global and what impact this is likely to have on states and markets. Introduction It has become something of a cliché to observe that we live in a time of increasing globalisation. ...

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It is often argued that additional constraints on redistribution such as granting veto power to more players in the society makes property better protected from expropriation. We use a legislative bargainingtype model to demonstrate that this intuition may be flawed. Increasing the number of veto players or raising the supermajority requirement for redistribution may reduce protection on the eq...

This study is positioned at the intersection of legitimation and international entrepreneurship theories. It is a longitudinal ethnographic case study that explores the process of emergence of an international new software venture from an emerging economy and the effect this venture has on the process of industry creation in that economy. Data were collected over a two year period, 2010-2011, v...