Secessions, even peaceful ones, are revolutionary events. This fact is obscured in some recent work on secession by economists, who neglect damage caused to the real economy while focussing on public ?nance. A converse mistake is made by other analysts when confronted with the passions and turmoil of secession. Some hold these characteristics to be beyond modelling while others build over-general models: more appropriate tools are game theory and the analysis of discourse. Finally, polarization is a phenomenon that links secessions with other kinds of revolution. Polarization involves political competition and “mutually pro?table antagonism”, and deserves further work.
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Article provided by Institute of SocioEconomics in its journal Homo Oeconomicus.
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