Contents
List of contributors
Acknowledgements

1 Introduction Making sense of thestate: a political economy approach
Jean-Michel Josselin and Alain Marciano

PART I HOW TO SHAPE A DEMOCRATIC STATE: THE INFORMATIONAL CONSTRAINT
2 Schumpeterian political economy and Downsian public choice: alternative economic theories of democracy
Miechel Wohlgemuth

3 The effects of cyberspace on the economic theory of the state
EU M. SaL-berger and Niva EIAin-Koren

4 Explaining the great divergence: medium and message on. the Eurasian land rnass, 1700-1850
Leonard Dudley

5 George OrweiI and his cold wars: truth and politics
Manfred J Holler

6 Measuring terrorisrn
Bruno S. Frey and Sinion Luechinger

PART II HOW TO CONTROL A DEMOCRATIC STATE: THE LEGAL CONSTRAINT
7 Rule of law, finance and economic development: cross-country evidence
Stefin van J-Ie,n,nen and Frank H. Siepizen

8 Judicial independence as a necessary component of the rule of law: preliminary insights and economic consequences
Stefan Voigt

9 Democracy, citizens and judicial power: do judges contribute to democracy?
Sophie Harnay

10 Law. justice and republic: the French republican model of judicial regulation
Christian Barrêre

11 Should non-expert courts control expert administrations?
Georg von Wangenheim

PART III THE STATE AT WORK: REGULATION AND PUBLIC POLICIES UNDER INFORMATIONAL AND LEGAL CONSTRAINTS
12 Pelle sub agnina latetat mens saepe lupina.' copyright in the marketplace
Giovanni B. Ranello

13 Competition in banking: switçhing costs and the Iimits of antitrust enforcement
Donatella Porrini and Giovanni B. Ramello

14 Old Master paintings: price formation and public policy implications
Paolo Figini and Laura Onofri

15 Living it off or living it down: the economics of disinvestments
Jürgen Backhaus

Index