Acemoglu, Daron (contributor); Ticchi, Davide (contributor); … - 2008
, New Jersey 08544-1012
USA
E-mail: vindigni … time with a unique �nal good. Each agent j at time t = 0
maximizes
E0
1X
t=0
t cj;t + j;tGt ; (1)
where E0 is the … takes one of two values, xt 2 f0; xg, where x> 0 is
size of the military necessary for repression. We denote the decision …