We consider one-to-one matching (roommate) problems in which agents (students) can either be matched as pairs or remain single. The aim of this paper is twofold. First, we review a key result for roommate problems (the “lonely wolf” theorem) for which we provide a concise and elementary proof. Second, and related to the title of this paper, we show how the often incompatible concepts of stabili...

How will EMU influence the European political economy? This paper argues that most of the likely alternatives are unsustainable for at least some of the EMU member-states. As a result, the Stability Pact imposed by the Kohl government and the Bundesbank is likely to be rejected by other member-states. Additionally, EMU will most likely also have an effect on the relations within the German poli...

In many economic, social and political situations individuals carry out activities in groups (coalitions) rather than alone and on their own. Examples range from households and sport clubs to research networks, political parties and trade unions. The underlying game theoretic framework is known as coalition formation. This survey discusses the notion of core stability in hedonic coalition forma...

We use a stochastic frontier approach to study the effects of political and regulatory institutions on aggregate productivity in 39 countries from 1975 to 1990. We show that technical efficiency is positively related to policies supporting laissez-faire and political structures that promote policy stability. Moreover, models of technical efficiency incorporating both measures perform better tha...

Over the past few years Papua New Guinea has implemented a series of major political reforms in the electoral, political party and parliamentary arenas. In what constitutes an extremely ambitious attempt to change the way Papua New Guinea’s political system works, the broad aim of this process of political engineering is to strengthen political parties, promote more broadly supported candidates...

Budget forecasts are used by incumbent governments as a political tool to manage the elector particularly during an election cycle (Bruck and Stephan 2006). Incumbents apply budget forecasts strategically. They use short-term forecasts, which are more likely to be unbiased by political factors, annually. They rely on long-term forecasts, which are likely to be biased by political calculations, ...

in the mid 14th century, fars state was a suitable destination for immigrants from everywhere and various classes and nations, because of some reasons like the mongol invasion toward its surrounding in comparison to its security and stability, flourishing in the commerce and civil life in shiraz. so ethnologically, fars state had a complex combination of native zoroastrians, new converted musli...

Electronic Government (hereafter eGov) is a transformative agent upon political and civic activity: it involves the provision and use of information and services by citizens, businesses and governments; and thus has the potential to increase civic efficiency and transparency; to facilitate interaction between public, private and government entities; and ultimately to promote democracy and polit...

We present findings that document one way in which a society’s culture can affect political outcomes. Examining an annual panel of democratic countries over six decades, we show that severe economic downturns are more likely to cause political turnover in countries that have lower levels of generalized trust. We find no such relationship in non-democratic countries or on irregular leader turnov...