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In a society composed of a ruler and its citizens: what are the determinants of the political equilibrium between these two? This paper approaches this problem as a game played between a ruler who has to decide the distribution of the aggregate income and a group of agents/citizens who have the...
Persistent link: https://www.econbiz.de/10005385474
We investigate the role of networks of military alliances in preventing or encouraging wars between groups of countries …, we show that there do not exist any networks that are stable against the addition and deletion of alliances. We then show … that economic benefits from international trade can provide incentives to form alliances in ways that restore stability and …
Persistent link: https://www.econbiz.de/10010781879