Working Paper
Conflict, evolution, hegemony, and the power of the state
Abstract: In a model of evolution driven by conflict between societies more powerful states have an advantage. When the influence of outsiders is small we show that this results in a tendency to hegemony. In a simple example in which institutions differ in their ?exclusiveness? we find that these hegemonies will be inefficiently ?extractive? in the sense of having inefficiently high taxes, high compensation for state officials, and low welfare.
Keywords: Game theory;
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Bibliographic Information
Provider: Federal Reserve Bank of St. Louis
Part of Series: Working Papers
Publication Date: 2013
Number: 2013-023