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@_kruptos Democracies can have worse incentives than stable dictatorships. https://t.co/m9laqtzUFH
@_kruptos Democracies can have worse incentives than stable dictatorships. https://t.co/m9laqtzUFH
The Economics of Autocracy and Majority Rule: The Invisible Hand and the Use of Force | SpringerLink https://t.co/UzxHlD66D6
Wintrobe (1998, 34) schließt aufgrund seiner Kenntnis der wiss Lit: "there is no real distinction drawn between democracy and #dictatorship". https://t.co/u6Eb7QsR3P
@Aristos_Revenge Mancur Olson's stationary bandit is important to bear in mind. https://t.co/m9laqtAsvf