Dennis C Mueller
Biographic Data
| ID | 180976 |
|---|---|
| NAME | Dennis C Mueller |
| GIVEN NAMES | Dennis C |
| FAMILY NAME | Mueller |
| SIGNATURE | MUELLER D C |
| AFFILIATIONS | University of Vienna |
| VERIFIED | No |
| TOTAL WORKS | 67 |
| TOTAL CITATIONS | 179 |
| AUTHOR COUNT | 65 |
| EDITOR COUNT | 2 |
| FIRST PUBLICATION YEAR | 1972 |
| LATEST PUBLICATION YEAR | 2017 |
| H-INDEX | 6 |
Public Choice Theory
Since World War II, a large literature has arisen that uses the methodology of economics to examine the behavior of governments and the actors in them. Some contributors to this literature refer to their research as “public choice,” some as “social choice,” and still others as “political economy.” This entry adopts a broad perspective on the field and treats contributions under all three headings simply as public choice . The entry discusses seve…
Gordon Tullock: Economic gadfly
This article discusses Gordon Tullock’s impact on the economics profession and on public choice in particular. It measures this impact through his publications, his editorship of the journal Public Choice, and his association with the Center for Public Choice
Public choice, social choice, and political economy
Constraining Leviathan
Determinants of Ultimate Control of Large Firms in Transition Countries: Empirical Evidence
We identify the ultimate ownership structures of the 20 largest firms in 12 transition countries in 1996, and the subsequent patterns of ownership change over 1996-2008. Of the state-controlled companies in 1996 more than half are still in state hands in 2008. Better quality of governmental institutions, larger external but not domestic government debt, smaller company size, and higher company profitability increase the likelihood of privatizatio…
The State and Religion
The proposition that the State should be separated from the Church is well accepted by students of democracy in the West. Huntington ((1996) The Clash of Civilizations and the Remaking of World Order, New York: Simon & Schuster) went so far as to claim that the separation of Church and State was a salient feature of Western Civilization, which explains why Western countries tend to be democracies, while democracy in other cultures is rare. Huntin…
Comment on "Capital Markets and Financial Politics" (by Mark J. Roe)
This paper is a comment on Capital Markets and Financial Politics: Preferences and Institutions by Mark J. Roe which can be found at: http://ssrn.com/abstract=2206878.
The Oxford Handbook of Capitalism
The financial crisis that began in 2008 and its lingering aftermath have caused many intellectuals and politicians to question the virtues of capitalist systems. This book analyzes both the strengths and weaknesses of capitalist systems. The volume opens with articles on the historical and legal origins of capitalism. These are followed by articles describing the nature, institutions, and advantages of capitalism: entrepreneurship, innovation, pr…
James Buchanan, Gordon Tullock, and The Calculus
Gordon Tullock and Public Choice
The Importance of Self-Interest and Public Interest in Politics
In its attempt to prove that voters, politicians, and bureaucrats are motivated by the public interest, Self-Interest and Public Interest in Western Politics overlooks a great deal of public-choice research, to which much has been added during the two decades since it was published. The importance of self-interest at both the micro and macro levels of politics becomes clear once one looks not simply at the "inputs" of a democracy but at its "outp…
Reason, Religion, and Democracy
This book also emphasizes the difference between religion and science as means for understanding causal relationships, but it focuses much more heavily on the challenge religious extremism poses for liberal democratic institutions. The treatment contains a discussion of human psychology, describes the salient characteristics of all religions, and contrasts religion and science as systems of thought. Historical sketches are used to establish a lin…
Corporate Governance and the Determinants of Investment
We use investment-cash flow regressions to show that both asymmetric-information and agency problems are more severe in Continental Europe than in the Anglo-Saxon countries leading to too little investment by firms with attractive investment opportunities and too much by those with poor investment opportunities. Legal systems, accounting standards, and ownership structure systematically affect the investment-cash flow sensitivity. Cash flow coeff…
Community size, heterogeneity and voter turnouts
Constitutional political economy in the European Union
The Advantages of Pure Forms of Parliamentary Democracy over Mixed Forms
Models of Man: Neoclassical, Behavioural, and Evolutionary
For most observers of economics from both inside and outside the science, the term ‘economics’ is synonymous with neoclassical economics. It is the methodology of neoclassical economics that defines the discipline of economics. ‘Mainstream economics’ is neoclassical economics and anyone entering the discipline today who wishes to obtain an appointment at one of the leading universities of the world is well advised to master its techniques. The fa…
Government Policy and Corporate Governance
»Vielmehr bietet [der Kommentar] auf höchstem Niveau eine substantielle Auseinandersetzung mit den Hintergründen, den Zusammenhängen, der Theorie und der Praxis des Grundgesetzes. Besseres lässt sich von einem Verfassungskommentar nicht sagen.“ Herbert Günther Staaatsanzeiger für das Land Hessen 2018 (50), 1494–1495
Capitalism and Democracy: Challenges and Responses in an Increasingly Interdependent World
Public Choice III
This book represents a considerable revision and expansion of Public Choice II (1989). Six new chapters have been added, and several chapters from the previous edition have been extensively revised. The discussion of empirical work in public choice has been greatly expanded. As in the previous editions, all of the major topics of public choice are covered. These include: why the state exists, voting rules, federalism, the theory of clubs, two-par…
The economic effects of democratic participation
The Impact of Corporate Governance on Investment Returns in Developed and Developing Countries
We shed light on three conundrums in the literature on investment: why investments out of different sources of finance earn different returns, why different studies report different patterns of returns across sources of finance, and why companies in developing countries make greater use of external equity capital to finance their investment than do companies in developed countries. We show that the strength of corporate governance systems affects…
Public Choice III
Goodwill Capital
Centralism, Federalism, and the Nature of Individual Preferences
Interest groups and the size of government
The Political economy of growth
This volume represents the first serious testing of a major new theory on economic performance. As such it is of significant value to all economists.
Representative democracy via random selection
Informative and persuasive campaigning
Community size, heterogeneity and voter turnouts
Rational egoism versus adaptive egoism as fundamental postulate for a descriptive theory of human behavior
Models of Man: Neoclassical, Behavioural, and Evolutionary
For most observers of economics from both inside and outside the science, the term ‘economics’ is synonymous with neoclassical economics. It is the methodology of neoclassical economics that defines the discipline of economics. ‘Mainstream economics’ is neoclassical economics and anyone entering the discipline today who wishes to obtain an appointment at one of the leading universities of the world is well advised to master its techniques. The fa…
The social gains from exchanging votes: A simulation approach
Fundamental Issues in Constitutional Reform: With Special Reference to Latin America and the United States
On Amending Constitutions
Federalism and the European Union: A constitutional perspective
The Determinants and Effects of Mergers
Journal Article The Determinants and Effects of Mergers Get access The Determinants and Effects of Mergers. Edited by DENNIS C. MUELLER. (Cambridge, Massachusetts: Oelgeschlager, Gunn and Hain, 1980. Pp. xviii + 353.) D. P. O'Brien D. P. O'Brien University of Durham Search for other works by this author on: Oxford Academic Google Scholar The Economic Journal, Volume 92, Issue 365, 1 March 1982, Pages 205–206, https://doi.org/10.2307/2232279 Publi…
The Persistence of Profits above the Norm
The State and Religion
The proposition that the State should be separated from the Church is well accepted by students of democracy in the West. Huntington ((1996) The Clash of Civilizations and the Remaking of World Order, New York: Simon & Schuster) went so far as to claim that the separation of Church and State was a salient feature of Western Civilization, which explains why Western countries tend to be democracies, while democracy in other cultures is rare. Huntin…
The Impact of Corporate Governance on Investment Returns in Developed and Developing Countries
We shed light on three conundrums in the literature on investment: why investments out of different sources of finance earn different returns, why different studies report different patterns of returns across sources of finance, and why companies in developing countries make greater use of external equity capital to finance their investment than do companies in developed countries. We show that the strength of corporate governance systems affects…
The Importance of Self-Interest and Public Interest in Politics
In its attempt to prove that voters, politicians, and bureaucrats are motivated by the public interest, Self-Interest and Public Interest in Western Politics overlooks a great deal of public-choice research, to which much has been added during the two decades since it was published. The importance of self-interest at both the micro and macro levels of politics becomes clear once one looks not simply at the "inputs" of a democracy but at its "outp…
Constitutional political economy in the European Union
The Advantages of Pure Forms of Parliamentary Democracy over Mixed Forms
The importance of uncertainty in a two-stage theory of constitutions
The future of public choice
James M. Buchanan: Economist cum contractarian
Gordon Tullock: Economic gadfly
This article discusses Gordon Tullock’s impact on the economics profession and on public choice in particular. It measures this impact through his publications, his editorship of the journal Public Choice, and his association with the Center for Public Choice
Public choice, social choice, and political economy
Constraining Leviathan
Gordon Tullock and Public Choice
Managerial and Stockholder Welfare Models of Firm Expenditures
T HIS study investigates within a comrnon analytical framework the determinants of firm expenditures o;n capital investment, research and development and dividends. Its two basic objectives relative to past work are: first, to probe more deeply into the forces determining these outlays by taking into account the interdependencies among them,' and second, to provide a framework for evaluating alternative assumptions regarding firm motivation. A fi…
The social gains from exchanging votes: A simulation approach
Representative democracy via random selection
The utilitarian contract: A generalization of Rawls' theory of justice
Property and Industrial Organization in Communist and Capitalist Nations.
On Equalizing the Distribution of Political Income
Life-Cycle Effects on Corporate Returns on Retentions
IN a recent paper investigating the efficiency of earnings retentions, Baumol, Heim, Malkiel and Quandt (1970) (hereafter BHMQ) estimate the rate of return on earnings retentions, debt and new equity for a large cross section of firms. They find new equity earns considerably higher returns than the ploughback of profit and depreciation, with the returns on new debt falling between. BHMQ do not explain these striking results, beyond suggesting a l…
The Persistence of Profits above the Norm
Public Choice: Methodological Individualism in Politics
The Determinants and Effects of Mergers
Journal Article The Determinants and Effects of Mergers Get access The Determinants and Effects of Mergers. Edited by DENNIS C. MUELLER. (Cambridge, Massachusetts: Oelgeschlager, Gunn and Hain, 1980. Pp. xviii + 353.) D. P. O'Brien D. P. O'Brien University of Durham Search for other works by this author on: Oxford Academic Google Scholar The Economic Journal, Volume 92, Issue 365, 1 March 1982, Pages 205–206, https://doi.org/10.2307/2232279 Publi…
The Political economy of growth
This volume represents the first serious testing of a major new theory on economic performance. As such it is of significant value to all economists.
Mergers and Market Share
Rational egoism versus adaptive egoism as fundamental postulate for a descriptive theory of human behavior
Interest groups and the size of government
Profits in the Long Run
Journal Article Profits in the Long Run Get access Profits in the Long Run. By DENNIS C. MUELLER. (Cambridge: Cambridge University Press, 1986. Pp. xii + 378. à £30.00 hardback.) Michael Waterson Michael Waterson University of Newcastle Upon Tyne Search for other works by this author on: Oxford Academic Google Scholar The Economic Journal, Volume 97, Issue 385, 1 March 1987, Pages 248–249, https://doi.org/10.2307/2233345 Published: 01 March 1987
Los der Menschen
Individualism, contractarianism, and morality
James M. Buchanan: Economist cum contractarian
The Economics of Special Privilege and Rent Seeking
Journal Article The Economics of Special Privilege and Rent Seeking Get access The Economics of Special Privilege and Rent Seeking. By GORDON TULLOCK. (Boston, Dordrecht and London: Kluwer Academic Publishers, 1989. Pp. ix+104. £25.75 hardback, Dfl. 95.00 hardback. ISBN 07923 9011 3.) Dennis C. Mueller Dennis C. Mueller University of Maryland Search for other works by this author on: Oxford Academic Google Scholar The Economic Journal, Volume 100…
Profit Rates and Intangible Capital
A central question in industrial organization is why profit rates differ so dramatically across firms and industries. One of the many explanations offered for this phenomenon is the failure of conventional accounting methods to adjust for intangible capital stocks, i.e., it is argued that profit rates do not differ dramatically when capital stocks are correctly calculated to include intangible R&D and advertising capital. To test this hypothesis …
The Dynamics of Company Profits: An International Comparison
Journal Article The Dynamics of Company Profits: An International Comparison Get access The Dynamics of Company Profits: An International Comparison. Edited by DENNIS C. MUELLER. (Cambridge and New York: Cambridge University Press, 1990. Pp. viii + 216. £27.50 hardback, US$49.50 hardback. ISBN 0521 38372 2.) R. Rothschild R. Rothschild University of Lancaster Search for other works by this author on: Oxford Academic Google Scholar The Economic Jo…
On the Foundations of Social Science Research
Is it possible that all of the social sciences could employ a common methodology? If so, what would it be? This article adresses these questions. It takes off from James Coleman’s recent book, The Foundations of Social Theory. Coleman’s social theory is built on the postulate that individuals are rational actors, the same postulate that most of modern economics is built upon. This article critiques the use of this postulate in economics, and thus…
The Public Choice Approach to Politics
The Public Choice Approach to Politics presents some of Dennis Mueller's most important contributions to public choice and public economics.
Public Choice Approach to Politics
Redistribution, Growth, and Political Stability
Economics (50 works) · Political science (49 works) · Law (37 works) · Politics (35 works) · Law (24 works) · Sociology (19 works) · Law and economics (18 works) · Public finance (17 works) · Democracy (13 works) · Business (12 works)