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The political economy of power-sharing

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  • Tridimas, George
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    Abstract

    The paper analyses why office-motivated political rivals may agree to cease conflict to control the government and share power on the basis of an election outcome under proportional representation. As the outcomes of conflict and elections are uncertain, for each rational player the choice depends on which setting secures the highest expected net payoff. Adopting the methodology of the economics of conflict, I show that the factors of crucial importance are attitudes to risk, the comparative effectiveness of the adversaries in contesting election relative to a war, the size of the benefits from office, how the benefits are shared in a power-sharing agreement, and the proportion of the benefits destroyed by fighting.

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    Bibliographic Info

    Article provided by Elsevier in its journal European Journal of Political Economy.

    Volume (Year): 27 (2011)
    Issue (Month): 2 (June)
    Pages: 328-342

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    Handle: RePEc:eee:poleco:v:27:y:2011:i:2:p:328-342

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    Web page: http://www.elsevier.com/locate/inca/505544

    Related research

    Keywords: Power-sharing Consociational theory Post-civil-war democratisation Non-majoritarian institutions Proportional representation Risk aversion Split-the-surplus formula;

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    Cited by:
    1. Baskaran, Thushyanthan, 2013. "Coalition governments, cabinet size, and the common pool problem: Evidence from the German states," Center for European, Governance and Economic Development Research Discussion Papers 165, University of Goettingen, Department of Economics.
    2. Justesen, Mogens K., 2012. "Democracy, dictatorship, and disease: Political regimes and HIV/AIDS," European Journal of Political Economy, Elsevier, vol. 28(3), pages 373-389.
    3. Bjorvatn, Kjetil & Naghavi, Alireza, 2011. "Rent seeking and regime stability in rentier states," European Journal of Political Economy, Elsevier, vol. 27(4), pages 740-748.
    4. Zhang, Yongjing, 2011. "The successor's dilemma in China's single party political system," European Journal of Political Economy, Elsevier, vol. 27(4), pages 674-680.
    5. Tridimas, George, 2012. "How democracy was achieved," European Journal of Political Economy, Elsevier, vol. 28(4), pages 651-658.
    6. george Tridimas, 2014. "Why some democracies are headed by a monarch?," ICER Working Papers 07-2014, ICER - International Centre for Economic Research.

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