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...

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

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