Endogenous Elites: Power Structure and Patron-Client Relationships
In weak institutional settings, autocrats barter political and economic concessions for support to remain in power and extract rents. Instead of viewing the favors’ beneficiaries, i.e. the elites, as an exogenous entity, we allow the king to decide whom to coopt provided the subjects are heterogeneous in the potential support - their strength - they could bring to the regime. While the ruler can select the elites on the basis of their personal characteristics, an alternative strategy consists in introducing some uncertainty in the cooptation process. The latter strategy allows the king to reduce the clients’ cooptation price since in the event of a revolution the likelihood of being included in the future body of elites is lower. We show that weak rulers are more likely to coopt the society’s strongest individuals, while powerful rulers diversify the composition of their clientele. Moreover, when agents value more future discounted outcomes, the king is more likely to randomly coopt subjects. Weak institutions Autocracy Rent seeking Elites
|Date of creation:||Mar 2010|
|Contact details of provider:|| Postal: Rempart de la Vierge 8, B-5000 Namur|
Web page: http://www.fundp.ac.be/en/eco
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Georgy Egorov & Konstantin Sonin, 2005.
"Dictators and Their Viziers: Agency Problems in Dictatorships,"
Economics Working Papers
0053, Institute for Advanced Study, School of Social Science.
- Georgy Egorov & Konstantin Sonin, 2011. "Dictators And Their Viziers: Endogenizing The Loyalty–Competence Trade‐Off," Journal of the European Economic Association, European Economic Association, vol. 9(5), pages 903-930, October.
- Georgy Egorov & Konstantin Sonin, 2004. "Dictators and Their Viziers: Agency Problems in Dictatorships," Working Papers w0043, Center for Economic and Financial Research (CEFIR).
- Egorov, Georgy & Sonin, Konstantin, 2004. "Dictators and Their Viziers: Agency Problems in Dictatorships," CEPR Discussion Papers 4777, C.E.P.R. Discussion Papers.
- Georgy Egorov & Konstantin Sonin, 2005. "Dictators and Their Viziers: Agency Problems in Dictatorships," William Davidson Institute Working Papers Series wp735, William Davidson Institute at the University of Michigan.
- Cervellati, Matteo & Fortunato, Piergiuseppe & Sunde, Uwe, 2005.
"Hobbes to Rousseau: Inequality, Institutions, and Development,"
IZA Discussion Papers
1450, Institute for the Study of Labor (IZA).
- Matteo Cervellati & Piergiuseppe Fortunato & Uwe Sunde, 2008. "Hobbes to Rousseau: Inequality, Institutions and Development," Economic Journal, Royal Economic Society, vol. 118(531), pages 1354-1384, 08.
- Cervellati, Matteo & Fortunato, Piergiuseppe & Sunde, Uwe, 2008. "Hobbes to rousseau: Inequality, institutions and development," Munich Reprints in Economics 20088, University of Munich, Department of Economics.
- Bertocchi, Graziella & Spagat, Michael, 2001.
"The Politics of Co-optation,"
Journal of Comparative Economics,
Elsevier, vol. 29(4), pages 591-607, December.
- Roland Kirstein & Stefan Voigt, "undated".
"The Violent and the Weak: When Dictators Care About Social Contracts,"
German Working Papers in Law and Economics
2001-default/2001/1-1020, Berkeley Electronic Press.
- Kirstein, Roland & Voigt, Stefan, 2000. "The Violent and the Weak: When Dictators Care About Social Contracts," CSLE Discussion Paper Series 2000-02, Saarland University, CSLE - Center for the Study of Law and Economics.
- Platteau, Jean-Philippe, 1995. "An Indian Model of Aristocratic Patronage," Oxford Economic Papers, Oxford University Press, vol. 47(4), pages 636-662, October.
- Howitt, Peter & Wintrobe, Ronald, 1995. "The political economy of inaction," Journal of Public Economics, Elsevier, vol. 56(3), pages 329-353, March.
- Daron Acemoglu & Georgy Egorov & Konstantin Sonin, 2008. "Coalition Formation in Non-Democracies," Review of Economic Studies, Oxford University Press, vol. 75(4), pages 987-1009.
- Azam, Jean-Paul, 1995. "How to Pay for the Peace? A Theoretical Framework with References to African Countries," Public Choice, Springer, vol. 83(1-2), pages 173-184, April.
- Eugenia Belova & Paul Gregory, 2009. "Political economy of crime and punishment under Stalin," Public Choice, Springer, vol. 140(3), pages 463-478, September.
When requesting a correction, please mention this item's handle: RePEc:nam:wpaper:1008. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Marie-Helene Mathieu)
If references are entirely missing, you can add them using this form.