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- W3124755309 abstract "Maintaining order is perhaps the most important problem confronting society, and establishing a sovereign ruler with monopoly control over the execution of violence creates two distinct security problems: one between private citizens (the horizontal dimension) and the other between the ruler and private citizens (the vertical dimension). I develop a framework to study these dual security problems and the incentives created in solving them together. I show that self-enforcing political sovereignty presents a problem of reciprocal agency, where every individual is simultaneously a principal and an agent and that a ruler will extort rents in exchange for upholding the social contract—the social contract tax—which crucially relies on balancing two distinct incentives, the desire to predate and the opportunity cost of political order. I consider the problem of selecting a ruler and show that the citizen who extorts the least is either the richest or the poorest, depending on the level of economic inequality." @default.
- W3124755309 created "2021-02-01" @default.
- W3124755309 creator A5052188624 @default.
- W3124755309 date "2020-04-01" @default.
- W3124755309 modified "2023-10-14" @default.
- W3124755309 title "The Strategic Foundations of Political Sovereignty" @default.
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- W3124755309 doi "https://doi.org/10.1086/706892" @default.
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