This paper considers a partial equilibrium model of conflict where two asymmetric, rational and risk-neutral opponents … instrument to affect the outcome of the conflict. The second instrument is assumed to capture positive investments in ‘conflict … extremely large there is no room for cooperation and a conflict trap emerges; (b) whenever the degree of asymmetry falls within …

two-stage conflict game where players may attempt to use non-binding side-payments to avoid conflict. In this game …, Proposers make offers and Responders decide simultaneously whether to accept the offers and whether to engage in a conflict. A … them and then still choose to enter conflict; however, our experiment reveals that some individuals use this non …

Due to the high costs of conflict both in theory and practice, we examine and experimentally test the conditions under … which conflict between asymmetric agents can be resolved. We model conflict as a two-agent rent-seeking contest for an … indivisible prize. Before conflict arises, both agents may agree to allocate the prize by fair coin flip to avoid the costs of …

conflict, and it is generally impossible to find a single real-valued function representing the interests of the whole of … intrinsically necessary for the understanding of the fundamental problem of conflict resolution in economics in its various forms … equilibrium and the resolution by social choice of the resource allocation conflict in economics (Chichilnisky, 1991). …

conflict erupted, developed into armed rebellions and open uncontrolled war that enveloped the whole region. The current …

Commitment problems are inherent to non-binding conflict resolution mechanisms, since an unsatisfied party can ignore … the resolution and initiate conflict. We provide experimental evidence suggesting that even in the absence of binding … contractual agreements individuals often avoid conflict by committing to the outcome of a conflict resolution mechanism …

Conflict and competition often impose costs on both winners and losers, and conflicting parties may prefer to resolve … the dispute before it occurs. The equilibrium of a conflict game with side-payments predicts that with binding offers … conflicts and 61% from reduced conflict expenditures. …