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The Economics of Revolution

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Revolutions, Systems and Theories

Part of the book series: Theory and Decision Library ((TDLU,volume 19))

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Abbreviations

B(i, d) :

Payoff to participation in revolt on side of existing government.

Di :

Private reward to individual for participation in putting down revolt if government wins.

Δpi:

Change in probability of revolutionary success resulting from individual participation in revolution.’

Gi :

Public good generated by successful revolution.

G(i, in) :

Total payoff to inaction.

G(i, r) :

Total payoff to subject if he joins revolution.

Ji :

Injury suffered in action.

p:

Likelihood of revolutionary victory assuming subject is neutral.

p′:

Likelihood of injury through participation in revolution (for or against).

pi :

Private penalty imposed on individual for participation in revolution if revolt fails.

Ri :

Private reward to individual for his participation in revolution if revolution wins.

S(i, d) :

Private cost imposed on defenders of government if revolt succeeds.

Ti :

Entertainment value of participation.

V(i, r) :

Opportunity cost (benefit) to individual from participation rather than remaining neutral.

References

  1. P. Samuelson, ‘The Pure Theory of Public Expenditure’,Review of Economics and Statistics 54 (Nov., 1954), 387–9; ‘A Diagrammatic Exposition of a Theory of Public Expenditure’,Loc. cit.55 (Nov., 1955), 387–389;cf.The Collected Scientific Papers of Paul Samuelson, R. Merton, ed., Vol III, Cambridge, Mass., 1972; A. C. Pigou,The Economics of Welfare, Macmillan, London, 1920.

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  2. P. Samuelson, ‘The Pure Theory of Public Expenditure’,Review of Economics and Statistics 54 (Nov., 1954), 387–9; ‘A Diagrammatic Exposition of a Theory of Public Expenditure’,Loc. cit.55 (Nov., 1955), 387–389;cf.The Collected Scientific Papers of Paul Samuelson, R. Merton, ed., Vol III, Cambridge, Mass., 1972; A. C. Pigou,The Economics of Welfare, Macmillan, London, 1920.

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  3. P. Samuelson, ‘The Pure Theory of Public Expenditure’,Review of Economics and Statistics 54 (Nov., 1954), 387–9; ‘A Diagrammatic Exposition of a Theory of Public Expenditure’,Loc. cit.55 (Nov., 1955), 387–389;cf.The Collected Scientific Papers of Paul Samuelson, R. Merton, ed., Vol III, Cambridge, Mass., 1972; A. C. Pigou,The Economics of Welfare, Macmillan, London, 1920.

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  4. Mancur Olson,The Logic of Collective Action, Harvard Press, Cambridge, Mass., 1965.

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© 1979 D. Reidel Publishing Company, Dordrecht, Holland

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Tullock, G. (1979). The Economics of Revolution. In: Johnson, H.J., Leach, J.J., Muehlmann, R.G. (eds) Revolutions, Systems and Theories. Theory and Decision Library, vol 19. Springer, Dordrecht. https://doi.org/10.1007/978-94-009-9894-0_5

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  • DOI: https://doi.org/10.1007/978-94-009-9894-0_5

  • Publisher Name: Springer, Dordrecht

  • Print ISBN: 978-94-009-9896-4

  • Online ISBN: 978-94-009-9894-0

  • eBook Packages: Springer Book Archive

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