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What shall we do with the bad dictator?

Abstract:
Recently, the international community has increased its commitment to prosecute malicious dictators - for example by establishing the International Criminal Court. This has raised the international community's loss associated with being time-inconsistent (i.e.: granting amnesties ex post), the idea being that a reduced prospect of amnesty deters dictators from committing atrocities ex ante. Simultaneously, however, this elects dictators of a worse type. Moreover, when the costs of being time-inconsistent are lower than those associated with keeping the dictator in place, the international community will still grant amnesty - thereby making the effective punishment function non-monotonic. Consequently, increased commitment to ex post punishment may actually induce dictators to worsen their behaviour, purely to "unlock" the amnesty option by forcing the international community into time-inconsistency.
Publication status:
Published

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Publisher:
University of Oxford
Series:
Department of Economics Discussion Paper Series
Publication date:
2013-09-12
Paper number:
671


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Pubs id:
584933
Local pid:
pubs:584933
Deposit date:
2020-12-14
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