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The pacifying effect of economic interdependence on conflict onset can be better understood in the context of "noisy" bargaining. Specifically, trading states bargain under less noisy conditions and, as a result, are unlikely to engage in militarized conflict. Noise is introduced into a generic...
Persistent link: https://www.econbiz.de/10010802127
international trade. Together, these results suggest that the negative correlation between openness and conflict emerges because … stability facilitates international trade rather than because trade flows reduce internal conflict. …
Persistent link: https://www.econbiz.de/10009367564
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When appropriation possibilities are overlooked, the predictions of standard trade models can be misleading. Trade … end we incorporate appropriation possibilities into the simplest model of trade: the Edgeworth box model o f pure exchange …. The model predicts that exchange will occur between a Defender and an Attacker, but the terms and volume of trade will be …
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Rivalry-restraint-based theoretical mechanisms predict that an industry's profits will increase when its firms engage … competitors cannot fully compete away. But what is the interaction effect on profit of simultaneously restraining rivalry and …
Persistent link: https://www.econbiz.de/10009204485
While there has been extensive interest in the role of democracy in reducing interstate violence, the role of democracy in reaching higher levels of peace has received much less attention. Since many countries have less than amicable relations, it is necessary to consider how the quality of...
Persistent link: https://www.econbiz.de/10008855368
. Study 1 showed that internal and external rivalry involved opposite relationships between threat and knowledge valuation …
Persistent link: https://www.econbiz.de/10009209347
Most prior event studies find that the announcement of a new alliance is accompanied by a positive stock market response for the partners. This result has usually been interpreted as evidence for the prevailing view that alliances are effective vehicles for partners to acquire or access new...
Persistent link: https://www.econbiz.de/10009214214
A central question in competitive dynamics is whether a competitive response can be predicted. This study links various characteristics of actions with the total number and the time lag of competitors' responses. The hypothesized relationships were tested with a sample of competitive moves among...
Persistent link: https://www.econbiz.de/10009218092