The curse of wealth andpower
Abstract
In strategic situations, being wealthy andpowerful is consid eredto be advantageous. However, imagine a world where being powerful means being able to seize control of the assets heldandaccumulatedby others. Then, being wealthy might attract the attention of those who are powerful andbe detrimental to one’s wealth. So is being powerful, as those who seize control of the wealth of others will in turn become a desirable target for those who are in a position to seize their acquired wealth. In this short paper, we identify a class of situations where one agent is stronger than another andyet ends up being poorer.