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Natural Justice and Political Stability

Author

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  • Ken Binmore

Abstract

This paper argues that the human species has two natural coordination mechanisms: leadership and fairness. A leader who ignores fairness when coordinating the behavior of a large organization risks creating the conditions for the emergence of a destabilizing subgroup that is able to coalesce using fairness as its coordinating device.

Suggested Citation

  • Ken Binmore, 2001. "Natural Justice and Political Stability," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 157(1), pages 133-151, March.
    • Handle: RePEc:mhr:jinste:urn:sici:0932-4569(200103)157:1_133:njaps_2.0.tx_2-2
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    References listed on IDEAS

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    1. Robert J. Aumann, 1995. "Repeated Games with Incomplete Information," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262011476, December.
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    Citations

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    Cited by:

    1. Christian Cordes & Christian Schubert, 2007. "Toward a naturalistic foundation of the social contract," Constitutional Political Economy, Springer, vol. 18(1), pages 35-62, March.
    2. Christian Cordes, 2004. "The Human Adaptation for Culture and its Behavioral Implications," Journal of Bioeconomics, Springer, vol. 6(2), pages 143-163, May.
    3. Duarte N. Leite & Sandra T. Silva & Oscar Afonso, 2014. "Institutions, Economics And The Development Quest," Journal of Economic Surveys, Wiley Blackwell, vol. 28(3), pages 491-515, July.
    4. Christian Cordes, 2014. "There are several ways to incorporate evolutionary concepts into economic thinking," Papers on Economics and Evolution 2014-02, Philipps University Marburg, Department of Geography.

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    More about this item

    JEL classification:

    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • P51 - Political Economy and Comparative Economic Systems - - Comparative Economic Systems - - - Comparative Analysis of Economic Systems

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