JAFS_Vol 06 N 02

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Browsing JAFS_Vol 06 N 02 by Author "Boufedji, Abdelouahab"

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    Elements Of Institutional Economy Relating To An Equilibrium Between Minority And Majority In A Country Undergoing Democratic Transition
    (جامعة الوادي - University of Eloued, 2022-12-31) Boufedji, Abdelouahab; Mokrani, Abdelaziz
    The aim of this article is to use a method based on game theory to provide an overview of the interference of economic and political phenomena in a society in democratic transition. In this kind of country, the contradictory interests between a dominant minority and a majority dispossessed of its political rights, will most often find their outcome, either in a reversal of the established order, or in an implicit agreement between these two protagonists. To maintain a status quo that takes everyone's interests into account. The economic policy followed will depend on the outcome of this class antagonism