[Political Market Games: Structure and Behavior]
AbstractHow different political market structures influence the behaviors of participants and the distribution of benefits was studied n the framework of game theory. Theoretical model showed that in the monopolized political market, the participation surplus of participants would serve as the rents of monopoly power. However, when the political market competition, such as the oligarchic political market, would lead to reverse the redistribution of benefits, that is, the leaders’ surplus of political oligarchy would transferred to the participants. Additionally, in the extended spatial model, we concluded the basic distribution of political alliance. Based on these conclusions, we discussed the "center-periphery" proposition, and pointed out that there exist a trap of development; we also pointed how ideological conflict, clash of civilizations, economic geographic proximity would influence the political behaviors. In the end, two cases, that is, Japan's postwar development and cross-strait “diplomatic war” were studied.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 15333.
Date of creation: Nov 2008
Date of revision:
political market structure and behavior rents surplus;
Find related papers by JEL classification:
- F59 - International Economics - - International Relations, National Security, and International Political Economy - - - Other
- F02 - International Economics - - General - - - International Economic Order; Noneconomic International Organizations;; Economic Integration and Globalization: General
- D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
This paper has been announced in the following NEP Reports:
- NEP-ALL-2009-05-30 (All new papers)
- NEP-CDM-2009-05-30 (Collective Decision-Making)
- NEP-COM-2009-05-30 (Industrial Competition)
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