Jia, Ruixue; Roland, Gérard; Xie, Yang - National Bureau of Economic Research - 2021
-development institutions, how should one understand why Imperial China, with weaker rule of law and property rights, gave the commoners more … par with the Elites in China in terms of power and rights. Based on these narratives, we build a game-theoretical model … stronger, and the Ruler's incentive to promote such symmetry will be greater. The theory explains the power structure …