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Wars of conquest and wars of independence are characterized by an asymmetric payoff structure: one party gets aggregate production if it wins, and its own production if it loses, while the other party gets only its own production if it wins, and nothing if it loses. We study a model of war with...
Persistent link: https://www.econbiz.de/10010668476
We investigate situations in which players make costly contributions as group members in a group conflict, and at the … asymmetry and complementarity in members’ efforts, and analyze how each group’s internal conflict in-fluences its chance of … winning in the external conflict. We find that a more symmetric group may expend more effort in external conflict when the …
Persistent link: https://www.econbiz.de/10011103399
, we show that substituting the auction contest success function for the lottery contest success function in a conflict may … radicals. Our results demonstrate the importance of the choice of the institutions of conflict, as modeled by the contest …
Persistent link: https://www.econbiz.de/10010547898
conflict and more intense fighting. …
Persistent link: https://www.econbiz.de/10010603853
A fundamental issue for economists is what determines civil conflict. One unsettled question is the relative importance …
Persistent link: https://www.econbiz.de/10010928706
Bailouts sponsored by the International Monetary Fund (IMF) are famous for their conditionality: in return for continued installments of desperately needed loans, governments must comply with austere policy changes. Many have suggested, however, that politically important countries face rather...
Persistent link: https://www.econbiz.de/10010877803
We investigate the effects of short-term political motivations on the effectiveness of foreign aid. Donor countries’ political motives might reduce the effectiveness of conditionality, channel aid to inferior projects or affect the way aid is spent in other ways, reduce the aid bureaucracy’s...
Persistent link: https://www.econbiz.de/10010671571
As is now well documented, aid is given for both political as well as economic reasons. The conventional wisdom is that politically-motivated aid is less effective in promoting developmental objectives. We examine the ex-post performance ratings of World Bank projects and generally find that...
Persistent link: https://www.econbiz.de/10008572559
We study the association between resource rents and political stability, highlighting the importance of the distribution of political power as a mediating factor. We present a simple theoretical model showing that increased rents are likely to be positively associated with the stability of a...
Persistent link: https://www.econbiz.de/10010756166
We introduce a new ‘supply-push’ instrument for foreign aid, to be used together with an instrumental variable estimator that filters out unobserved common factors. We use this instrument to study the effects of aid on macroeconomic ratios, and especially the ratios of consumption,...
Persistent link: https://www.econbiz.de/10010948860