ACEMOGLU, DARON; EGOROV, GEORGY; SONIN, KONSTANTIN - In: Review of Economic Studies 75 (2008) 4, pp. 987-1009
We study the formation of a ruling coalition in non-democratic societies where institutions do not enable political commitments. Each individual is endowed with a level of political power. The ruling coalition consists of a subset of the individuals in the society and decides the distribution of...
