We develop a model of insurrection markets and integrate the youth bulge as measured by the relative youth cohort size. As youth-specific characteristics we define the young person's attitude toward revolutionary groups and the government, the degree of risk aversion and the relative...

We hypothesize that, in certain regime types, winning coalitions have an incentive for helping a deprived population solving the collective action problem that may otherwise restrain them in revolting against an incumbent. Recent selectorate literature holds that members of a winning coalition...

We assess Gordon Tullock's work on dictatorship and revolutions using a common analytic framework that captures the dynamics of mutually reinforcing perceptions within a potentially rebelling subgroup of a population. We can reconstruct all of Tullock's central findings but we also find him...

This paper provides a general framework for analyzing political (in)stability in comparative political systems. It distinguishes different subgroups of a society, some of which have a potential for pursuing a redistribution of wealth in its broadest sense via constitutional or non-constitutional...

We develop a simple model of an insurrection market based on a kleptocratic politico-economic institutional setting, within which a certain government elite holds both all central government position and all productive assets. The kleptocratic setting provokes the appearance of insurrection...

The theory presented in this paper explains democratic transitions on the basis of rentmaximizing political leaders that aim at improving the credibility of post-constitutional policy making by way of introducing a decentralized democratic politico-institutional structure. They face an incentive...

In their book The Power to Tax, Brennan and Buchanan have pointed to a central weakness of the traditional theory of public finance and especially of the theory of optimal taxation: This approach overlooked the problem of governmental power and the tendency of this power to be abused. It was...

Nach dem Zusammenbruch der sozialistischen Systeme vollzogen die betroffenen Ländern Mittel- und Osteuropas in unterschiedlichem Tempo und sequencing den Weg zu Demokratie und einer marktwirtschaftlichen Wirtschaftsordnung. Die polit-ökonomischen Probleme bei der Durchsetzung der umfassenden...