Azam, Jean-Paul; Mesnard, Alice - In: Public Choice 115 (2003) 3-4, pp. 455-75
In this contract-theoretic model the government promises a transfer to its potential opponent in return for not engaging in a civil war. Two causes of civil war are identified: (i) imperfect credibility increases the cost of the required transfer, and may make it unfeasible; (ii) asymmetric...