Why does power alternate even without formal institutions? We develop a dynamic model where power alternation emerges spontaneously before it is formalized, as part of an efficient self-enforcing agreement governed by evolving norms.
Link here: papers.ssrn.com/sol3/papers....
Why does power alternate even without formal institutions? We develop a dynamic model where power alternation emerges spontaneously before it is formalized, as part of an efficient self-enforcing agreement governed by evolving norms.
Link here: papers.ssrn.com/sol3/papers....