Eggert, Wolfgang; Itaya, Jun-ichi; Mino, Kazuo - In: Journal of Economic Behavior & Organization 78 (2011) 1-2, pp. 167-182
Abstract This paper presents an extension of a static model of economic conflict analyzed by (Hirshleifer, 1991) and (Hirshleifer, 1995) and Skaperdas (1992) to an infinite horizon differential game. Our aim is to highlight the strategic role of appropriation among a smaller group of agents in...