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: | Egorov, Georgy, Sonin, Konstantin, Acemoglu, K. Daron |
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Other Authors: | Massachusetts Institute of Technology. Department of Economics |
Format: | Article |
Published: |
University of Chicago Press
2018
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Online Access: | http://hdl.handle.net/1721.1/113624 https://orcid.org/0000-0003-0908-7491 |
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