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-degenerate higher-order beliefs) can lead to conflict and drive its dynamics. We develop our analysis in the context of three classic … learning about the opponent's type, as well as the possibility of conflict spirals, traps, and cycles; and a deterrence model …. We relate these models to the empirical literature and to current and historical episodes of conflict …
Persistent link: https://www.econbiz.de/10014372438
Committees improve decisions by pooling independent information of members, but promote manipulation, obfuscation, and exaggeration of private evidence when members have conflicting preferences. We study how self-interest mediates these conflicting forces. When members' preferences differ, no...
Persistent link: https://www.econbiz.de/10012471629
This paper explores the power of threats in the absence of binding commitment. The threatener cannot commit to carrying out the threat if the victim refuses payment, and cannot commit to not carrying out the threat if payment is made. If exercising the threat is costly to the threatener, then...
Persistent link: https://www.econbiz.de/10012473401
Policymakers can take actions to prevent local conflict before it begins, if such violence can be accurately predicted …
Persistent link: https://www.econbiz.de/10012479929
the theory in a lab experiment where two subjects negotiate how to share a resource; in case of conflict, the subjects … they translate into significant increases in conflict …
Persistent link: https://www.econbiz.de/10012482356
to conflict and civil war. Ethnographic accounts suggest that in segmentary lineage societies, which are characterized by … individuals. We test for this link between segmentary lineage and conflict across 145 African ethnic groups in sub-Saharan Africa …-documented relationship between adverse rainfall shocks and conflict within Africa is only found within segmentary lineage societies …
Persistent link: https://www.econbiz.de/10012453504
I provide a theoretically-guided discussion of the dynamics of human behavior, focusing on the importance of culture (socially-learned information) and tradition (transmission of culture across generations). Decision-making that relies on tradition can be an effective strategy and arises in...
Persistent link: https://www.econbiz.de/10012938773
Regulation of economic activity is ubiquitous around the world, yet standard theories predict it should be rather uncommon. I argue that the ubiquity of regulation is explained not so much by the failure of markets, or by asymmetric information, as by the failure of courts to solve contract and...
Persistent link: https://www.econbiz.de/10012462999
interest of Credit Rating Agencies (CRAs). We model both the CRA conflict of understating credit risk to attract more business …, and the issuer conflict of purchasing only the most favorable ratings (issuer shopping), and examine the effectiveness of …
Persistent link: https://www.econbiz.de/10012463935
We collect data on the rules and practices of financial and conflict disclosure by politicians in 175 countries …
Persistent link: https://www.econbiz.de/10012463944