An enabling mechanism for the creation, adjustment, and dissolution of states and governmental units
The article proposes an enabling mechanism for the creation, adjustment and dissolution of governmental units, giving autonomy to each individual as in a direct democracy. The mechanism is designed such that Pareto optimality is possible, in contrast to earlier models which make various assumptions...
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Veröffentlicht in: | Economics. The open-access, open-assessment e-journal open-assessment e-journal, 2010-11, Vol.4 (32), p.1-38 |
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creator | Hausken, Kjell Knutsen, John F |
description | The article proposes an enabling mechanism for the creation, adjustment and dissolution of governmental units, giving autonomy to each individual as in a direct democracy. The mechanism is designed such that Pareto optimality is possible, in contrast to earlier models which make various assumptions such as majority voting. Individuals are taken seriously acknowledging that they are best equipped to find their own solutions. The emphasis is on the practical approach of how individuals discover and implement their subjective preferences and how this discovery and implementation process can be facilitated and corresponding costs lowered. Governmental units are subjected to some of the same market forces as business firms. This brings the interaction between governmental units closer to a market structure, and serves to eliminate or reduce many of the coercive elements of government. |
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identifier | ISSN: 1864-6042 |
ispartof | Economics. The open-access, open-assessment e-journal, 2010-11, Vol.4 (32), p.1-38 |
issn | 1864-6042 1864-6042 |
language | eng |
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source | RePEc; Business Source Complete; Directory of Open Access Journals; Alma/SFX Local Collection; EZB Electronic Journals Library |
subjects | Competition competitive markets constitutional economics Costs Decision making Democracy endogenous determination of borders governmental units individual decision making individual liberty individual wel-fare Market structure Minority & ethnic groups Pareto optimum Political economy Population public choice Robbery Securities markets States Studies Territorial units |
title | An enabling mechanism for the creation, adjustment, and dissolution of states and governmental units |
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