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Political Economics and the Weimar Disaster

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Roger B. Myerson

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Abstract

The Allied leaders who produced the Treaty of Versailles and the German leaders who created the Weimar constitution relied significantly on the theoretical expertise of John Maynard Keynes and Max Weber respectively. It is argued here that integrated analytical approaches to the study of political and economic competition, which have been developed with game-theoretic methodology since the time of Keynes and Weber, can offer a valuable perspective to better understand the decisions that faced the leaders of Weimar and Versailles.

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File URL: http://www.kellogg.northwestern.edu/research/math/papers/1216.pdf
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Paper provided by Northwestern University, Center for Mathematical Studies in Economics and Management Science in its series Discussion Papers with number 1216R.

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Date of creation: Jul 1998
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Handle: RePEc:nwu:cmsems:1216r

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  1. Abreu, Dilip, 1986. "Extremal equilibria of oligopolistic supergames," Journal of Economic Theory, Elsevier, vol. 39(1), pages 191-225, June. [Downloadable!] (restricted)
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This page was last updated on 2009-12-21.


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