29 April: Tabellini on Emotions and Political Unrest

ACLE Economics Seminar Series

The Amsterdam Center for Law & Economics (ACLE) cordially invites you to a seminar session with


Prof. dr. Guido Tabellini
(Bocconi University)
entitled
Emotions and Political Unrest


Abstract

This paper formulates a theory of how political unrest influences public policy. Political unrest is motivated by emotions. Individuals engage in protests if they are aggrieved and feel that they have been treated unfairly. This reaction is predictable because individuals have a consistent view of what is fair. This framework yields novel insights about the sources of political influence of different groups in society. Even if the government is benevolent and all groups have access to the same technology for political participation, equilibrium policy can be distorted.
Individuals form their view of what is fair taking into account the current state of the world. If the government is more constrained, individuals accept a lower level of welfare. This resignation effect in turn induces a benevolent government to procrastinate unpleasant policy choices.
These theoretical implications are consistent with aggregate evidence on the determinants of political unrest.
To download the paper
To download the supplement
About the speaker
Prof. dr. Guido Tabellini is professor of Economics at Bocconi University and research fellow at the Centre for Economic Policy Research (CEPR). His research interests include political economics and public choice, macro economics and international economics.
Please send an e-mail to acle@uva.nl if you want to speak with Prof. dr. Tabellini on 29 April, during the 2 hour time slot we have available between 13.30 and 15.30.
Date: TUESDAY 29 April
Time: 12.00-13.15  (Lunch will be provided)
Location: Amsterdam Business School
Plantage Muidergracht 12 | 1018 TV Amsterdam
Room: Room (M1.01)
Information: Sidonie Rademaker | acle@uva.nl
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