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Kovenock and Roberson's (2012a, b) replication of Hausken’s (2008a) equations and parameter restrictions do not enhance our insight into the defense and attack of reliability systems. This reply intends to fill the remaining understanding gaps.
Persistent link: https://www.econbiz.de/10010619089
Kovenock and Roberson's [2011] comment provides initial work which has the potential, when suitably extended, to advance the research frontier. Kovenock and Roberson's paper consists of three sections. The first section is an interesting introduction. The second section, titled ‘Model and Main...
Persistent link: https://www.econbiz.de/10010971684
In Hirshleifer's (1995) model for unitary actors, combined fighting/production abruptly breaks down when inter-group decisiveness of fighting is above a certain value (above one) or income requirements are not met. Accounting for the collective action problem, this article gives the opposite...
Persistent link: https://www.econbiz.de/10005495945
A two-period exchange model is developed where production decisions in the first period determine the amount of resources available in the second period. Each agent allocates resources to defend its production and attack the production of the other agent. Production, conflict and exchange occur...
Persistent link: https://www.econbiz.de/10005640003