Rational choice theory

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Although much of the world still lives today, as always, under dictatorship, the behaviour of these regimes and of their leaders often appears irrational and mysterious. In The Political Economy of Dictatorship, Ronald Wintrobe uses rational choice theory to model dictatorships:…

Although much of the world still lives today, as always, under dictatorship, the behaviour of these regimes and of their leaders often appears irrational and mysterious. In The Political Economy of Dictatorship, Ronald Wintrobe uses rational choice theory to model dictatorships:…

This is a rollicking tour through a museum of the world's weirdest practices. For example, "preowned" wives were sold at auction in nineteenth-century England; today, in Liberia, accused criminals sometimes drink poison to determine their fate; and, for 250 years, Italy criminal…