Autocracy, Collective Goods and the Vikings

Peter Kurrild-Klitgaard and Gert Svendsen

Working Papers from Aarhus School of Business - Department of Economics

Abstract: In a world of roving bandits a sub-optimal provision of collective gods exists, most notably security and economic growth. This creates an opportunity for roving bandits to act as political entrepreneurs by becoming stationary bandits and as strong rulers monopolize vilence and provide centralized solutions to collective goods problems. The activities and settlements of the Vikings may to a large extent be explained in this perspective.

Keywords: ECONOMIC HISTORY; PUBLIC GOODS; ECONOMIC GROWTH (search for similar items in EconPapers)
JEL-codes: H4 K42 N4 (search for similar items in EconPapers)
Pages: 16 pages
Date: 1999
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Persistent link: https://EconPapers.repec.org/RePEc:fth:aascbu:99-6

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