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The problem of succession

Author

Listed:
  • Leon Taylor

Abstract

The self-interested ruler will not name a successor. Instead, he will prefer to rely on a tacit rule of succession, in which longevity confers legitimacy. [JEL D72, D81]

Suggested Citation

  • Leon Taylor, 2001. "The problem of succession," Public Economics 0105001, University Library of Munich, Germany.
    • Handle: RePEc:wpa:wuwppe:0105001
    Note: Type of Document - Scientific Word 3.51; prepared on Compaq Presario 1200; to print on HP; pages: 15; figures: included
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    More about this item

    Keywords

    succession leadership organization;

    JEL classification:

    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
    • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty

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