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Understanding the Politics of Perikles around 450 BC: the benefits of an economic perspective

Lyttkens, Carl Hampus LU and Gerding, Henrik LU (2015) In Working Paper / Department of Economics, School of Economics and Management, Lund University
Abstract
Perikles is usually seen as a great statesman and clever leader of the Athenians. In the mid fifth century BC, he seems however to have been in serious political trouble and may well have been in danger of losing the struggle for power and of being ostracised. The fact that his Incentives changed considerably at this point in time is ignored in traditional historical accounts. In contrast, we see the fierce competition as a motivation for several important policy measures introduced by Perikles at this particular time: the pay to jurors, the new law on citizenship (which has been a puzzle to many historians), and the building projects on the Acropolis and elsewhere. Compared to traditional analyses, an economic rational-actor approach thus... (More)
Perikles is usually seen as a great statesman and clever leader of the Athenians. In the mid fifth century BC, he seems however to have been in serious political trouble and may well have been in danger of losing the struggle for power and of being ostracised. The fact that his Incentives changed considerably at this point in time is ignored in traditional historical accounts. In contrast, we see the fierce competition as a motivation for several important policy measures introduced by Perikles at this particular time: the pay to jurors, the new law on citizenship (which has been a puzzle to many historians), and the building projects on the Acropolis and elsewhere. Compared to traditional analyses, an economic rational-actor approach thus provides a diachronic analytical benefit by focusing on the way incentives change over time and it provides a synchronic benefit by dealing with various decisions in a common framework. (Less)
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author
organization
publishing date
type
Working Paper
publication status
published
subject
keywords
economics, ancient history, Athens, Perikles, law on citizenship, Parthenon, payment to jurors
in
Working Paper / Department of Economics, School of Economics and Management, Lund University
issue
13
pages
23 pages
publisher
Department of Economics, Lund Universtiy
language
English
LU publication?
yes
id
b10a6820-cd58-49ab-9a1a-fbd54f2c3345 (old id 5337424)
alternative location
http://swopec.hhs.se/lunewp/abs/lunewp2015_013.htm
date added to LUP
2015-04-29 14:19:45
date last changed
2016-11-28 20:32:07
@misc{b10a6820-cd58-49ab-9a1a-fbd54f2c3345,
  abstract     = {Perikles is usually seen as a great statesman and clever leader of the Athenians. In the mid fifth century BC, he seems however to have been in serious political trouble and may well have been in danger of losing the struggle for power and of being ostracised. The fact that his Incentives changed considerably at this point in time is ignored in traditional historical accounts. In contrast, we see the fierce competition as a motivation for several important policy measures introduced by Perikles at this particular time: the pay to jurors, the new law on citizenship (which has been a puzzle to many historians), and the building projects on the Acropolis and elsewhere. Compared to traditional analyses, an economic rational-actor approach thus provides a diachronic analytical benefit by focusing on the way incentives change over time and it provides a synchronic benefit by dealing with various decisions in a common framework.},
  author       = {Lyttkens, Carl Hampus and Gerding, Henrik},
  keyword      = {economics,ancient history,Athens,Perikles,law on citizenship,Parthenon,payment to jurors},
  language     = {eng},
  number       = {13},
  pages        = {23},
  publisher    = {ARRAY(0x87656d8)},
  series       = {Working Paper / Department of Economics, School of Economics and Management, Lund University},
  title        = {Understanding the Politics of Perikles around 450 BC: the benefits of an economic perspective},
  year         = {2015},
}