In "The logic of Political survival" and its popular scientific counterpart "The dictator's handbook", Bueno de Mesquita and coworkers develop a theory of government based on game theory. They aim to show the differences between autocracies and democracies based on rigid mathematical arguments. They also investigate the governing structure of corporations, which they conclude is akin to a dictatorship head by the board of directors. Finally, they argue that democratically run companies should be much more successful and they give some real-world examples.
Dear prof. Wolff, are you familiar with Bruce Bueno de Mesquita's work?
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