Ticchi, Davide; Vindigni, Andrea - Facoltà di Economia, Università degli Studi di Urbino - 2007
that an oligarchy adopting a mass-army may voluntarily decide to promise some amount of income redistribution to its …-compatible redistribution, they may cope with the moral hazard problem of the citizens-soldiers only by relinquishing political power to them … allows the elite to make credible commitments of future income redistribution in favor of the citizens, while a limited …