IDEAS home Printed from https://ideas.repec.org/a/bla/ajecsc/v83y2024i5p947-954.html

Capitals as bad equilibria

Author

Listed:
  • Ådne Meling

Abstract

Throughout the recent pandemic, governments used digital video technologies to facilitate social distancing during political meetings. In addition to enabling social distancing, a theoretical advantage of virtual political governance is that it has the potential to mitigate the hierarchical administrative relationship between capitals and regions and the differences in real estate prices and wealth that often follows from such hierarchical structures. However, hardly any governments are currently planning a long‐term transition to work‐from‐home digital governance. On the contrary, several countries are doubling down on the centralization model of government by building new capitals in new locations. This article proposes that in a time of digital alternatives, physically centralized “capitals” could be considered examples of bad equilibrium.

Suggested Citation

  • Ådne Meling, 2024. "Capitals as bad equilibria," American Journal of Economics and Sociology, Wiley Blackwell, vol. 83(5), pages 947-954, November.
    • Handle: RePEc:bla:ajecsc:v:83:y:2024:i:5:p:947-954
    DOI: 10.1111/ajes.12560
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/ajes.12560
    Download Restriction: no
    File URL: https://libkey.io/10.1111/ajes.12560?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Kyri Maaike Joey Janssen & Peter Mulder & Muhammad Halley Yudhistira, 2022. "Spatial Sorting of Rich Versus Poor People in Jakarta," Bulletin of Indonesian Economic Studies, Taylor & Francis Journals, vol. 58(2), pages 167-194, May.
    2. M. Common & I. Reid & R. Blamey, 1997. "Do existence values for cost benefit analysis exist?," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 9(2), pages 225-238, March.
    3. Younghwan Song & Jia Gao, 2020. "Does Telework Stress Employees Out? A Study on Working at Home and Subjective Well-Being for Wage/Salary Workers," Journal of Happiness Studies, Springer, vol. 21(7), pages 2649-2668, October.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Booth, Jonathan & Lup, Daniela, 2025. "Enabling inclusion: an analysis of positive and negative outcomes of discretionary work arrangements for employees with disabilities," LSE Research Online Documents on Economics 126269, London School of Economics and Political Science, LSE Library.
    2. Karlygash Madazimova & Aliya Mambetalina, 2025. "The Impact of Stress Factors on Employee Subjective Well-Being: The Case of Kazakhstan," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 16(3), pages 11314-11338, September.
    3. Israel Escudero-Castillo & Fco. Javier Mato-Díaz & Ana Rodriguez-Alvarez, 2021. "Furloughs, Teleworking and Other Work Situations during the COVID-19 Lockdown: Impact on Mental Well-Being," IJERPH, MDPI, vol. 18(6), pages 1-16, March.
    4. Moens, Eline & Lippens, Louis & Vangronsvelt, Kathleen & De Vos, Ans & Baert, Stijn, 2025. "Too Much of a Good Thing? Telework Intensity and Workplace Experiences," IZA Discussion Papers 17721, IZA Network @ LISER.
    5. Julia L. O. Beckel & Gwenith G. Fisher, 2022. "Telework and Worker Health and Well-Being: A Review and Recommendations for Research and Practice," IJERPH, MDPI, vol. 19(7), pages 1-32, March.
    6. Juan Sandoval-Reyes & Sandra Idrovo-Carlier & Edison Jair Duque-Oliva, 2021. "Remote Work, Work Stress, and Work–Life during Pandemic Times: A Latin America Situation," IJERPH, MDPI, vol. 18(13), pages 1-12, July.
    7. Stern, David I., 1997. "Limits to substitution and irreversibility in production and consumption: A neoclassical interpretation of ecological economics," Ecological Economics, Elsevier, vol. 21(3), pages 197-215, June.
    8. Tahlyan, Divyakant & Said, Maher & Mahmassani, Hani & Stathopoulos, Amanda & Walker, Joan & Shaheen, Susan, 2022. "For whom did telework not work during the Pandemic? understanding the factors impacting telework satisfaction in the US using a multiple indicator multiple cause (MIMIC) model," Transportation Research Part A: Policy and Practice, Elsevier, vol. 155(C), pages 387-402.
    9. Sandra M. Leitner, 2024. "Working from Home and Mental Well-being in the EU at Different Stages of the COVID-19 Pandemic: A Gendered Look at Key Mediators," wiiw Working Papers 244, The Vienna Institute for International Economic Studies, wiiw.
    10. Hisashi Eguchi & Akiomi Inoue & Ayako Hino & Mayumi Tsuji & Seiichiro Tateishi & Kazunori Ikegami & Tomohisa Nagata & Ryutaro Matsugaki & Yoshihisa Fujino & on behalf of the CORoNaWork Project, 2022. "Effect of Working from Home on the Association between Job Demands and Psychological Distress," IJERPH, MDPI, vol. 19(10), pages 1-11, May.
    11. Guillaume Gueguen & Claudia Senik, 2023. "Adopting telework: The causal impact of working from home on subjective well‐being," British Journal of Industrial Relations, London School of Economics, vol. 61(4), pages 832-868, December.
    12. Szabó, Zoltán, 2011. "Reducing protest responses by deliberative monetary valuation: Improving the validity of biodiversity valuation," Ecological Economics, Elsevier, vol. 72(C), pages 37-44.
    13. Hennecke, Juliane & Knabe, Andreas, 2025. "Homebound Happiness? Teleworkability of Jobs and Emotional Well-Being During Labor and Non-labor Activities," IZA Discussion Papers 17634, IZA Network @ LISER.
    14. Molina, Jose Alberto & Velilla, Jorge, 2025. "Work from home trends in European countries," MPRA Paper 124865, University Library of Munich, Germany.
    15. Daniel A. Brent & Lata Gangadharan & Anke Leroux & Paul A. Raschky, 2014. "Putting One's Money Where One's Mouth is: Increasing Saliency in the Field," Monash Economics Working Papers 43-14, Monash University, Department of Economics.
    16. Boca Daniela del & Oggero Noemi & Profeta Paola & Rossi Maria Cristina, 2022. "The impact of COVID-19 on the gender division of housework and childcare: Evidence from two waves of the pandemic in Italy," IZA Journal of Labor Economics, Sciendo & Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 11(1), pages 1-20, January.
    17. Mung Khie Tsen & Manli Gu & Chee Meng Tan & See Kwong Goh, 2023. "Homeworking and Employee Job Stress and Work Engagement: A Multilevel Analysis from 34 European Countries," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 168(1), pages 511-538, August.
    18. Vivek Vohra & Shiwangi Singh & Tanusree Dutta, 2024. "Embracing Flexibility Post-COVID-19: A Systematic Review of Flexible Working Arrangements Using the SCM-TBFO Framework," Global Journal of Flexible Systems Management, Springer;Global Institute of Flexible Systems Management, vol. 25(1), pages 1-26, March.
    19. Benjamin W. Cowan & Todd R. Jones, 2025. "Social Substitution? Time Use Responses to Increased Workplace Isolation," CESifo Working Paper Series 12117, CESifo.
    20. David Pearce & Giles Atkinson, 1998. "The concept of sustainable development: An evaluation of its usefulness ten years after Brundtland," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 134(III), pages 251-269, September.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:ajecsc:v:83:y:2024:i:5:p:947-954. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://www.blackwellpublishing.com/journal.asp?ref=0002-9246 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.