Garfinkel, Michelle R.; McBride, Michael; Skaperdas, … - In: Revue d'économie politique 122 (2012) 2, pp. 197-212
shadow of conflict. We show how arming critically depends on both governance and norms, and therefore how societies with … across states: governance or the formal organizations and institutions that help define and enforce property rights, and … norms, or the informal arrangements in settling potential disputes. We examine the effects of these two factors in a simple …