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Article: Aspiring for Change: A Theory of Middle Class Activism
Title | Aspiring for Change: A Theory of Middle Class Activism |
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Authors | |
Issue Date | 2017 |
Publisher | Blackwell Publishing Ltd. The Journal's web site is located at http://www.blackwellpublishing.com/journals/ECOJ |
Citation | The Economic Journal, 2017, v. 127 n. 603, p. 1318-1347 How to Cite? |
Abstract | We propose a regime change model in which people are uncertain about both the quality of a specific regime and governance in general. The poor perceive the current regime as bad, rationally infer that all governments are bad, and therefore believe mass movements are futile. The middle class are more sanguine about the prospect of good government, and believe that collective action is effective because they expect many fellow citizens to share the same view. This coordination game with incomplete information does not admit monotone equilibrium but exhibits multiple interval equilibria, where middle class people are more likely to attack the regime. |
Persistent Identifier | http://hdl.handle.net/10722/229651 |
ISSN | 2023 Impact Factor: 3.8 2023 SCImago Journal Rankings: 4.507 |
ISI Accession Number ID |
DC Field | Value | Language |
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dc.contributor.author | Chen, H | - |
dc.contributor.author | Suen, WC | - |
dc.date.accessioned | 2016-08-23T14:12:26Z | - |
dc.date.available | 2016-08-23T14:12:26Z | - |
dc.date.issued | 2017 | - |
dc.identifier.citation | The Economic Journal, 2017, v. 127 n. 603, p. 1318-1347 | - |
dc.identifier.issn | 0013-0133 | - |
dc.identifier.uri | http://hdl.handle.net/10722/229651 | - |
dc.description.abstract | We propose a regime change model in which people are uncertain about both the quality of a specific regime and governance in general. The poor perceive the current regime as bad, rationally infer that all governments are bad, and therefore believe mass movements are futile. The middle class are more sanguine about the prospect of good government, and believe that collective action is effective because they expect many fellow citizens to share the same view. This coordination game with incomplete information does not admit monotone equilibrium but exhibits multiple interval equilibria, where middle class people are more likely to attack the regime. | - |
dc.language | eng | - |
dc.publisher | Blackwell Publishing Ltd. The Journal's web site is located at http://www.blackwellpublishing.com/journals/ECOJ | - |
dc.relation.ispartof | The Economic Journal | - |
dc.rights | The definitive version is available at www.blackwell-synergy.com | - |
dc.title | Aspiring for Change: A Theory of Middle Class Activism | - |
dc.type | Article | - |
dc.identifier.email | Chen, H: hengchen@hku.hk | - |
dc.identifier.email | Suen, WC: hrneswc@hkucc.hku.hk | - |
dc.identifier.authority | Chen, H=rp01315 | - |
dc.identifier.authority | Suen, WC=rp00066 | - |
dc.description.nature | postprint | - |
dc.identifier.doi | 10.1111/ecoj.12346 | - |
dc.identifier.scopus | eid_2-s2.0-85008517955 | - |
dc.identifier.hkuros | 262598 | - |
dc.identifier.isi | WOS:000408932700004 | - |
dc.publisher.place | United Kingdom | - |
dc.identifier.issnl | 0013-0133 | - |