Cycles of Distrust: An Economic Model
---- Acknowledgements ----
We thank Sandeep Baliga, Sylvain Chassang, Edward Glaeser, James Fearon, Jon Levin, Qingmin Liu, and seminar participants at the Canadian Institute for Advanced Research, Microsoft Research, the NBER Political Economy Conference, the Northwestern Conflict and Cooperation Conference, and Stanford for useful comments. Acemoglu gratefully acknowledges financial support from the Canadian Institute for Advanced Research and the ARO. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.