Artikel
Brexit as an Inelastic Good: A Microeconomic Theory of Direct Democracy
On 23 June 2016 a slight majority of 52% of UK voters opted to leave the European Union after 44 years of membership. Many were surprised by the result. Why did a majority vote Leave? Why were the majority of the voters not susceptible to the economic arguments advanced by major economic institutions such as the Bank of England, OECD, IMF, HM Treasury and virtually all major investment banks? Why did (now former) Prime Minister David Cameron, who campaigned for Remain, lose the vote only a year after his party had won a surprise victory in the 2015 general election?
- Language
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Englisch
- Bibliographic citation
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Journal: Intereconomics ; ISSN: 1613-964X ; Volume: 51 ; Year: 2016 ; Issue: 5 ; Pages: 260-264 ; Heidelberg: Springer
- Classification
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Wirtschaft
- Event
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Geistige Schöpfung
- (who)
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Qvortrup, Matt
- Event
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Veröffentlichung
- (who)
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Springer
- (where)
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Heidelberg
- (when)
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2016
- DOI
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doi:10.1007/s10272-016-0615-x
- Handle
- Last update
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10.03.2025, 11:46 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Artikel
Associated
- Qvortrup, Matt
- Springer
Time of origin
- 2016