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International Trade and Transnational Insecurity: How Comparative Advantage and Power are Jointly Determined
Garfinkel, Michelle R.; Skaperdas, Stergios; … - CESifo - 2009
. And, where such conflict is present, comparisons of autarkic prices to world prices could be inaccurate predictors of … stronger tendency for arming incentives to be equalized and thus for a “leveling of the playing field.” Depending on world … can reverse a country’s apparent comparative advantage relative to its comparative advantage in the absence of conflict …
Persistent link: https://www.econbiz.de/10004979423
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The Sustainability of Empire in Global Perspective: The Role of International Trade Patterns
Bonfatti, Roberto - CESifo - 2012
European empires had two key economic aspects: the extraction of colonial wealth by colonizers, and the relevance of trade for the colonial economies. I build a simple model of decolonization that puts these two elements at centre stage. By controlling policy in the colony, the mother country...
Persistent link: https://www.econbiz.de/10010555213
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Social Unrest in the Wake of IMF Structural Adjustment Programs
Stroup, Caleb; Zissimos, Benjamin - CESifo - 2013
This paper proposes an answer to the question of why social unrest sometimes occurs in the wake of an IMF Structural Adjustment Program (SAP). Under certain circumstances, partly determined by a country’s comparative advantage, a nation’s elite may have an incentive to make transfers to the...
Persistent link: https://www.econbiz.de/10010641420
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Wars of Conquest and Independence
Hodler, Roland; Yektas, Hadi - CESifo - 2013
nothing if it loses. We study a model of war with such an asymmetric payoff structure, and private information about military … win the war unless its expected military technology is considerably worse. Our model may thus explain why defending …
Persistent link: https://www.econbiz.de/10010668476
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A Market for Connections
Miettinen, Topi; Poutvaara, Panu - CESifo - 2012
Government or company decisions on whom to hire are mostly delegated to politicians, public sector officials or human resources and procurement managers. Due to anti-corruption laws, agents cannot sell contracts or positions that they are delegated to decide upon. Even if bribing is ruled out,...
Persistent link: https://www.econbiz.de/10010548151
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Complex Financial Networks and Systemic Risk: A Review
Bougheas, Spiros; Kirman, Alan P. - CESifo - 2014
In this paper we review recent advances in financial economics in relation to the measurement of systemic risk. We start by reviewing studies that apply traditional measures of risk to financial institutions. However, the main focus of the review is on studies that use network analysis paying...
Persistent link: https://www.econbiz.de/10010764284
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National Borders, Conflict and Peace
Spolaore, Enrico - CESifo - 2009
This paper reviews the economics approach to conflict and national borders. The paper (a) provides a summary of ideas … framework where populations fight over borders and resources, and may form non-aggression pacts, military alliances, and …
Persistent link: https://www.econbiz.de/10008572482
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The Costs of Organized Violence: A Review of the Evidence
Skaperdas, Stergios - CESifo - 2009
I critically review recent studies that estimate those costs of violence and conflict that can emerge among organized … of organized conflict and violence are aggregated. …
Persistent link: https://www.econbiz.de/10005013055
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Suicide Terrorism and the Weakest Link
Arce, Daniel G.; Dan Kovenock J.; Roberson, Brian - CESifo - 2009
In this paper we examine a model of terrorism which focuses on the tradeoffs facing a terrorist organization that has the ability to utilize either or both suicide and conventional terrorism tactics. The terrorist organization’s objective is to successfully attack at least one target. Success...
Persistent link: https://www.econbiz.de/10005013950
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Extremism Drives Out Moderation
Klose, Bettina; Dan Kovenock J. - CESifo - 2012
, 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