Showing 1 - 8 of 8
We propose an elementary theory of wars fought by fully rational contenders. Two parties play a Markov game that combines stages of bargaining with stages where one side has the ability to impose surrender on the other. Under uncertainty and incomplete information, in the unique equilibrium of...
Persistent link: https://www.econbiz.de/10008740095
negotiation should be determined by how the direct conflict resulting from disagreement would be resolved. The explicit modeling … of the disagreement game directly leads to the observation that the outcome of conflict is a function of the stakes. Thus …
Persistent link: https://www.econbiz.de/10005750726
We study how the possibility of a conflict between natives and immigrants shapes income redistribution in democracies …. Conflict erupts when immigrants are given less than what they could obtain by resorting to confrontation. That in turn can make …
Persistent link: https://www.econbiz.de/10008498304
This paper studies bargaining and conflict under incomplete information, provides an overview and a critical account of … sequential bargaining that take confrontation as final. Conflict and inefficiencies are to be expected in these models whenever … parties have optimistic prospects on the outcome of the all-out conflict. After examining the causes and reasons for this …
Persistent link: https://www.econbiz.de/10008465156
determined by how the direct conflict resulting from disagreement would be resolved. Our basic building block is the disagreement …
Persistent link: https://www.econbiz.de/10005147096
We analyze a model of conflict with endogenous choice of effort, where subsets of the contenders may force the …
Persistent link: https://www.econbiz.de/10005147103
exists a non-monotonic relationship between the level of underlying rivalry and the level of social conflict. …
Persistent link: https://www.econbiz.de/10005086772
This paper explores the role of conflict as a bargaining tool. It first presents a simple bargaining model with one …-sided incomplete information. Parties can choose the scope of the confrontation they may want to engage in: A limited conflict that … only introduces delay, or an absolute conflict that terminates the game. The outcomes of both types of confrontation are …
Persistent link: https://www.econbiz.de/10005086773