Political Economy in a Changing World
We provide a general framework for the analysis of institutional dynamics in an environment in which payoffs and political powers change stochastically. Assuming that economic and political institutions as well as individual types can be ordered, and preferences and the distribution of political pow...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
University of Chicago Press,
2018-02-13T17:43:34Z.
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Subjects: | |
Online Access: | Get fulltext |