Constitutional insulation choices depend on voter preferences, uncertainty, risk aversion

Evidence

We show how various features of the politicoeconomic environment affect this choice, including: the distribution of voter preferences; the nature of uncertainty; the feasibility and costs of compensating the losers from policy reforms; the possibility for leaders to expropriate citizens; the average benefits and costs of potential policy reforms; the degree of risk aversion. — Philippe Aghion, Alberto Alesina, and Francesco Trebbi, Endogenous Political Institutions, 20

Categorization

• SEED: Could structure an essay mapping the six listed forces against real constitutional design debates.