Public choice economists began studying the economics of anarchy in the 1970s. Since then, the amount of research on … anarchy has burgeoned. This article surveys the important public choice contributions to the economics of anarchy. Following … their historical studies of attempts to internalize externalities under anarchy, public choice scholars are arriving at a …

may arise as a predatory hierarchy from a state of pure anarchy. A dictator minimizes the probability of a palace … associated with anarchy and weak dictators, while strong dictators implement a system of monopolistic corruption. Efforts at …

This paper explores how the viability of anarchy depends on the decisiveness parameter that determines the marginal … appropriative competition the same resource that they are competing to appropriate, anarchy appears to be fragile, because in this … model equilibrium consumption would be adequate for the viability of anarchy only if the decisiveness parameter were small …