Producers and Predators
AbstractThis paper explores a series of general-equilibrium models in which people can choose to be either producers or predators, and in which producers can allocate their resources either to production or to guarding their production against predators. The analysis shows how the ratio of predators to producers and the social cost of predation depend on the technology of predation, on the interpersonal distribution of productive resources, and in an fundamental way on whether the decision to allocate resources to guarding against predators is made individually or collectively.
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Bibliographic InfoPaper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 6499.
Date of creation: Jun 1999
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Other versions of this item:
- D50 - Microeconomics - - General Equilibrium and Disequilibrium - - - General
- D61 - Microeconomics - - Welfare Economics - - - Allocative Efficiency; Cost-Benefit Analysis
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- Alberto Alesina & Reza Baqir & William Easterly, 1997.
"Public Goods and Ethnic Divisions,"
NBER Working Papers
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- Herschel I. Grossman, 1997.
""Make Us a King": Anarchy, Predation, and the State,"
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"Human Capital and Predation: A Positive Theory of Educational Policy,"
97-30, Brown University, Department of Economics.
- Herschel I. Grossman & Minseong Kim, 1998. "Human Capital and Predation: A Positive Theory of Educational Policy," NBER Working Papers 6403, National Bureau of Economic Research, Inc.
- Grossman, Herschel I & Kim, Minseong, 1995. "Swords or Plowshares? A Theory of the Security of Claims to Property," Journal of Political Economy, University of Chicago Press, vol. 103(6), pages 1275-88, December.
- Herschel I. Grossman & Minseong Kim, 1997.
"Predation, Efficiency, and Inequality,"
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6301, National Bureau of Economic Research, Inc.
- Herschel I. Grossman & Minseong Kim, 2002. "Predation, Efficiency, and Inequality," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 158(3), pages 393-, September.
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"Africa's Growth Tragedy: Policies and Ethnic Divisions,"
The Quarterly Journal of Economics,
MIT Press, vol. 112(4), pages 1203-50, November.
- Easterly, W & Levine, R, 1996. "Africa's Growth Tragedy : Policies and Ethnic Divisions," Papers 536, Harvard - Institute for International Development.
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