Klumpp, Tilman; Mialon, Hugo M. - In: American Law and Economics Review 15 (2013) 1, pp. 39-72
This paper investigates the effects of hatred in two-player games. We model hate as "reverse-altruism" or a preference for low opponent payoffs, and derive implications for behavior in conflicts where players are motivated by hate. We use these results to illuminate several policy issues, both...