Piccione, Michele; Razin, Ronny - In: Theoretical economics : TE ; an open access journal in … 4 (2009) 1, pp. 1-15
We analyze the structure of a society driven by power relations. Our model has an exogenous power relation over the set of coalitions of agents. Agents determine the social order by forming coalitions. The power relations determine the ranking of agents in society for any social order. We study...