This paper investigates the effects of inflows of foreign aid on the debt repayment behavior of developing countries. The paper first delineates the overall incentives to committing to timely debt repayment in a war of attrition-type model. A set of panel estimates including 93 developing...

We posit a rational choice model of dictatorship to explain the tendency of dictators to repress innocent citizens. This model demonstrates that, when the quality of information about regime enemies is low, a rational dictator will knowingly kill and imprison citizens who are not real enemies....