This paper demonstrates how the analysis can differ dramatically between two common modeling approaches to conflict. The first approach uses a one-period setup and associates positive investments in arms with conflict, see, for example, Skaperdas[1992]. The second approach has two periods, where...

This paper models how drug lords in final destination countries respond to two types of government anti-drug policies: demand and supply oriented. Supply policies (crop eradication, interdiction, etcetera) are modeled in line with the previous literature, that is, they increase production costs....

This paper models a two-period media contest between two political <p> candidates campaigning to win an election. Two main cases <p> are examined. In the first case voters behave as unbiased Bayesian <p> updaters when assessing political information. The second case considers <p> voters suffering from...</p></p></p></p>

This paper focuses on the impact of hidden information on strategic interaction in the context of trade agreements. In the presence of informational asymmetry it is possible that a tradeoff between liberalization and sustainability of cooperation emerges. It is shown that it may be optimal to...