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I consider a model in which an autocrat can invest in fiscal capacity and thus be able to tax his subjects (citizens). Investment in fiscal capacity is costless but comes with a demand for fiscal accountability by the citizens, something akin to the spirit of the slogan "no taxation without...
Persistent link: https://www.econbiz.de/10013091464
Some empirical studies have found that third-party intervention could worsen civil conflicts. However, exactly why this might be the case is not clear. This paper builds a model to explain how a third-party's expected intervention in a conflict could worsen the conflict. I study a two-period...
Persistent link: https://www.econbiz.de/10013094015
I consider a two-stage elimination contest with uninformed and informed players. Informed players can signal their type to future uninformed opponents through their efforts in the first stage. Relative to the benchmark case of complete information, I find that an informed player exerts a higher...
Persistent link: https://www.econbiz.de/10005729379