Wealth and Power in a Collegial Polity
Date
1981-12-01
Authors
Gardner, Roy
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Abstract
This paper considers the reflection of political power upon the distribution of wealth in a collegial polity, where political power is unequally distributed. Power and the economic outcome are both analyzed in terms of the Shapley value. The more powerful a political agent is, the greater is that agent's final wealth, as given by the value allocation.
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article