Inefficient Predation, Information, and Contagious Institutional Change
This paper presents an agency theory of revolutionary political transitions from autocracy to democracy. We model authoritarian economic policy as the equilibrium outcome of a repeated game between an elite ruling class and a disenfranchised working class, in which workers have imperfect information...
|Place of publication:||
THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise
|Data of publication:||2012|
THEMA Working Papers
|Online Access:||available in Bonn?|
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