Yes, it’s a toy model. The idea is that equilibrium is only defined with a respect to the game being played. In this case the game is the set of rules (both formal and informal) used in the institution. If institution dies there are no rules. When a new one is crated a new set of rules is established, with different equilibria.
But whether the new rules will be better than the old ones, there’s no guarantee. The protesters in arab spring in Syria hoped for better institutions, but they’ve got civil war instead. The crucial bit seems to be that it’s controlled death. What exactly that means though is unclear.
Hmm. I think that toy model is pretty divorced from reality, and any correspondence to actual groups is not due to the modeled factors, but to unstated assumptions about individual and collective (extra-institutional) behaviors.
Yes, it’s a toy model. The idea is that equilibrium is only defined with a respect to the game being played. In this case the game is the set of rules (both formal and informal) used in the institution. If institution dies there are no rules. When a new one is crated a new set of rules is established, with different equilibria.
But whether the new rules will be better than the old ones, there’s no guarantee. The protesters in arab spring in Syria hoped for better institutions, but they’ve got civil war instead. The crucial bit seems to be that it’s controlled death. What exactly that means though is unclear.
Hmm. I think that toy model is pretty divorced from reality, and any correspondence to actual groups is not due to the modeled factors, but to unstated assumptions about individual and collective (extra-institutional) behaviors.