Family Control and the Rent–Seeking Society
研究了家族控制企业如何导致精英内部高度信任而社会整体信任低，从而助长政治寻租、阻碍经济发展，基于博弈论和初步实证证据。
A high level of trust within a small elite, like a low level of trust in society at large, may be a serious impediment to economic development. This is because such concentrated high trust among the elite promotes political rent seeking, known to retard growth. We propose that entrusting the governance of a country's great corporations to a few wealthy families promotes this undesirable distribution of trust. Preliminary empirical evidence and arguments grounded in game theory support this view.