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All rulers face political competition, both from rivals within their state, and from other states to which their subjects may exit. In a simple model, both kinds of competition are substitutes. Internal competition (democracy) benefits citizens by allowing them to replace rent-seeking rulers....
Persistent link: https://www.econbiz.de/10010267098
All rulers face political competition, both from rivals within their state, andfrom other states to which their subjects may exit. In a simple model, both kinds of competitionare substitutes. Internal competition (democracy) benefits citizens by allowingthem to replace rent-seeking rulers. But...
Persistent link: https://www.econbiz.de/10009022178
All rulers face political competition, both from rivals within their state, and from other states to which their subjects may exit. In a simple model, both kinds of competition are substitutes. Internal competition (democracy) benefits citizens by allowing them to replace rent-seeking rulers....
Persistent link: https://www.econbiz.de/10003887115
This paper develops a simple model that analyses the relationship between a country's oil endowment and the duration of its autocratic leader. The dictator uses the rents from oil extraction for both personal gain and to pay-off potential opposition and chooses an optimal level of oil...
Persistent link: https://www.econbiz.de/10010293400
While most papers on team decision-making find that teams behave more selfishly, less trustingly and less altruistically than individuals, Cason and Mui (1997) report that teams are more altruistic than individuals in a dictator game. Using a within-subjects design we re-examine group...
Persistent link: https://www.econbiz.de/10010293433
While people in democracies can vote their government out when they are discontent with its policies, those in dictatorships cannot do so. They can only attempt to expel the dictator via mass protests or revolutions. Based on a general cause-and-effect mechanism, the author analyzes whether such...
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