Henning, Christian; Lu, Xiaobo - In: Journal of Institutional and Theoretical Economics (JITE) 156 (2000) 1, pp. 35-35
We present a game-theoretical model of policy reforms focused on institutional reforms of the political system. We show that (i) gradual reforms in China can be understood as the result of a relatively weak organization of private interests unable to replace the Communist Party at once, but...