Jia, Ruixue; Roland, Gérard; Xie, Yang - National Bureau of Economic Research - 2021
stronger, and the Ruler's incentive to promote such symmetry will be greater. The theory explains the power structure … differences in the power structure of society: (1) the Ruler enjoyed weaker absolute power in Europe; (2) the People were more on … par with the Elites in China in terms of power and rights. Based on these narratives, we build a game-theoretical model …
