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The Killing Game: Reputation and Knowledge in Politics of Succession

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Author Info
Georgy Egorov (New Economic School/CEFIR)
Konstantin Sonin (New Economic School/CEFIR, & Institute for Advanced Study)

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Abstract

The winner of a battle for a throne can either execute or spare the loser; if the loser is spared, he contends the throne in the next period. Executing the losing contender gives the winner an additional quiet period, but then his life is at risk if he loses to some future contender. The trade-off is analyzed within an infinite-time complete information game. Our theory predicts that we would witness more killings along the succession lines in countries where a ‘circle of potential contenders’ is limited, and that executions of the predecessor are autocorrelated. In particular, with a dynastic rule in place, incentives, to kill the predecessor are much higher than in a non- hereditary dictatorships, e.g. in 19th century Latin America. Our analysis of historical material demonstrates that long succession lines indeed exhibit patterns predicted by our model.

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Paper provided by EconWPA in its series Game Theory and Information with number 0505003.

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Length: 37 pages
Date of creation: 06 May 2005
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Handle: RePEc:wpa:wuwpga:0505003

Note: Type of Document - pdf; pages: 37
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Web page: http://129.3.20.41

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Related research
Keywords: succession; dictatorship;

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Find related papers by JEL classification:
C73 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Stochastic and Dynamic Games; Evolutionary Games
D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Models of Political Processes: Rent-seeking, Elections, Legislatures, and Voting Behavior
N40 - Economic History - - Government, War, Law, and Regulation - - - General, International, or Comparative

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  1. Luca Anderlini & Dino Gerardi & Roger Lagunoff, 2004. "The Folk Theorem in Dynastic Repeated Games," Levine's Bibliography 122247000000000577, UCLA Department of Economics. [Downloadable!]
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  2. Acemoglu, Daron, 2005. "Politics and economics in weak and strong states," Journal of Monetary Economics, Elsevier, vol. 52(7), pages 1199-1226, October. [Downloadable!] (restricted)
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  3. Jeffrey Ely & Jusso Valimaki, 2002. "Bad Reputation," NajEcon Working Paper Reviews 391749000000000514, www.najecon.org. [Downloadable!]
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  4. Kreps, David M. & Wilson, Robert, 1982. "Reputation and imperfect information," Journal of Economic Theory, Elsevier, vol. 27(2), pages 253-279, August. [Downloadable!] (restricted)
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  5. Daron Acemoglu & James A. Robinson, 2001. "A Theory of Political Transitions," American Economic Review, American Economic Association, vol. 91(4), pages 938-963, September. [Downloadable!] (restricted)
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  6. Roger Lagunoff, 2002. "Credible Communication in Dynastic Government," Wallis Working Papers WP34, University of Rochester - Wallis Institute of Political Economy. [Downloadable!]
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  7. Milgrom, Paul & Roberts, John, 1982. "Predation, reputation, and entry deterrence," Journal of Economic Theory, Elsevier, vol. 27(2), pages 280-312, August. [Downloadable!] (restricted)
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  8. J. Tirole & E. Maskin, 1982. "A Theory of Dynamic Oligopoly, I: Overview and Quantity Competition with Large-Fixed Costs," Working papers 320, Massachusetts Institute of Technology (MIT), Department of Economics.
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  9. Roger Lagunoff, 2007. "Markov Equilibrium in Models of Dynamic Endogenous Political Institutions," Levine's Bibliography 122247000000000876, UCLA Department of Economics. [Downloadable!]
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  10. Acemoglu, Daron, 2003. "Why not a political Coase theorem? Social conflict, commitment, and politics," Journal of Comparative Economics, Elsevier, vol. 31(4), pages 620-652, December. [Downloadable!] (restricted)
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  11. repec:cup:cbooks:9780521671422 is not listed on IDEAS
  12. Gallego, M. & Pitchik, C., 2004. "An economic theory of leadership turnover," Journal of Public Economics, Elsevier, vol. 88(12), pages 2361-2382, December. [Downloadable!] (restricted)
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  13. Fudenberg, Drew & Kreps, David M & Maskin, Eric S, 1990. "Repeated Games with Long-run and Short-run Players," Review of Economic Studies, Blackwell Publishing, vol. 57(4), pages 555-73, October. [Downloadable!] (restricted)
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  14. Egorov, Georgy & Sonin, Konstantin, 2004. "Dictators and Their Viziers: Agency Problems in Dictatorships," CEPR Discussion Papers 4777, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
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