Traditional point views the success of coup as the shifting of focal point from supporting dictator to supporting coup plotter, which cannot be rationalized. When we look at coup's micro-process, we find that it is rationalizable. In this paper, I propose a model of coup with unique sub-game...

A new line of theoretical and empirical literature emphasizes the pivotal role of fair institutions for growth. We present a model, a laboratory experiment, and a simple cross-country regression supporting this view. We model an economy with an unequal distribution of property rights, in which...