EconStor >
ifo Institut – Leibniz-Institut für Wirtschaftsforschung an der Universität München >
CESifo Working Papers, CESifo Group Munich >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/46500
  

Full metadata record

DC FieldValueLanguage
dc.contributor.authorSkaperdas, Stergiosen_US
dc.date.accessioned2011-06-22en_US
dc.date.accessioned2011-06-29T11:20:16Z-
dc.date.available2011-06-29T11:20:16Z-
dc.date.issued2011en_US
dc.identifier.urihttp://hdl.handle.net/10419/46500-
dc.description.abstractProprietary rule, whereby the state is owned by a ruler who maximizes tax revenues minus the costs of governing, is a useful ideal type that describes many of the states that have ever existed. The study of proprietary rule and its public finance, however, is comparatively scarce. I argue that proprietary rule emerges out of anarchy and its main alternative - selfgovernance - has difficulties surviving because of problems in providing effective internal and external security. Competitive proprietary rule (or, organized anarchy) is the market structure for the provision of security that is more stable, but is highly inefficient because all the savings that come out of the public provision of security are dissipated into contests for power among proprietary rulers. I also explore how competitive proprietary rule can be consolidated into more complex forms of governance.en_US
dc.language.isoengen_US
dc.publisherCESifo Münchenen_US
dc.relation.ispartofseriesCESifo working paper: Public Choice 3495en_US
dc.subject.jelH59en_US
dc.subject.jelN47en_US
dc.subject.ddc330en_US
dc.titleProprietary public finance: On its emergence and evolution out of anarchyen_US
dc.typeWorking Paperen_US
dc.identifier.ppn662659937en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:CESifo Working Papers, CESifo Group Munich

Files in This Item:
File Description SizeFormat
662659937.pdf218.66 kBAdobe PDF
No. of Downloads: Counter Stats
Show simple item record
Download bibliographical data as: BibTeX

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.