Why do absolutists decentralize power to others? We developed a signaling game model to analyze the decentralization under an authoritarian regime. The model reveals that strong rulers prefer to not offer any power decentralization, while weak rulers tend to disguise themselves as strong rulers...

This paper proposes a two-player spatial competition model where each player controls multiple nodes and studies the equilibrium dynamics. Specifically, the model studies the case where players sell goods of the same utility but have different ability to continue attracting customers. The paper...

This paper proposes a Network Game model where one agent controls multiple nodes, and studies how equilibrium changes when a game is transformed from a one-agent-controls-one-node setting to a one-agent-controls-multiple-nodes setting. The model discusses how equilibrium might continue to exist...

This paper examines the formation of property rights in Qing China and Tokugawa Japan with a focus on rice market development. Both nations’ citizens eat rice and rulers in both nations view rice as one of the nation’s most significant strategic resources. However, by the end of 18th...