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
Hauptverfasser:	Hausken, Kjell, Knutsen, John F
Format:	Artikel
Sprache:	eng
Schlagworte:	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
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