Boucekkine, Raouf; Prieur, Fabien; Puzon, Klarizze - Fondazione ENI Enrico Mattei (FEEM) - 2014
We develop a continuous time dynamic game to provide with a benchmark theory of Arab Spring-type events. We consider a resource-dependent economy with two interacting groups, the elite vs. the citizens, and two political regimes, dictatorship vs. a freer regime. Transition to the freer regime...