Modern economics has largely ignored the issue of outright conflict as an alternative way of allocating goods, assuming instead the existence of well-defined property rights enforced by an undefined third party. And yet even in ostensibly peaceful market transactions, conflict exists as an...

This report develops a framework of social unrest within a complex understanding of systemic risk. The goal is to try to identify triggers (events that lead to social unrest) and drivers (causal roots) for the emergence of social unrest and, based on this functional analysis, to design policy...

We show that inequality triggers social unrest in rural India. We develop a theoretical framework where social unrest is rationally used by civilians to oppose (unfair) surplus sharing by the elite. We predict that the probability of observing social unrest in a village increases with the sum of...