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Workers, warriors and criminals: Social conflict in general equilibrium
Dal Bó, Ernesto; Dal Bó, Pedro - 2004
We analyze how economy-wide forces (i.e.shocks to terms of trade, technology and endowments) affect the intensity of social conflict. We see conflict phenomena such as crime and civil war as involving resource appropriation activities. We show that not all shocks that could make society richer...
Persistent link: https://www.econbiz.de/10010318947
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Economics of unlimited supply of labor and asymmetric power
Ertürk, Korkut - 2015
Since around 2000 the education premium and the level of employment in high-skill occupations has stagnated, if not actually begun to shrink. This brings into question the generally held view that in advanced countries, while potentially harmful for those who work with their hands, globalization...
Persistent link: https://www.econbiz.de/10011557756
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Reputation, social identity and social conflict
Smith, John - 2007
We interpret the psychology literature on social identity and examine its implications in a population partially composed of such agents. We model a population of agents from two exogenous and well defined social groups. Agents are randomly matched to play a reduced form bargaining game. We show...
Persistent link: https://www.econbiz.de/10010266354
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Voluntary disclosure in unfair contests
Ewerhart, Christian; Grünseis, Julia - 2018
This paper studies incentives for the interim voluntary disclosure of verifiable information in probabilistic all-pay contests. Considered are unfair contests, i.e., contests in which, subject to activity conditions, one player (the favorite) is interim always more likely to win than the other...
Persistent link: https://www.econbiz.de/10011969190
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Equilibrium in the symmetric Hirshleifer contest: Uniqueness and characterization
Ewerhart, Christian; Sun, Guang-Zhen - 2018
The symmetric two-player Hirshleifer (1989) contest is shown to admit a unique equilibrium. The support of the equilibrium strategy is finite and includes, in particular, the zero expenditure level. We also establish a lower bound for the cardinality of the support and an upper bound for the...
Persistent link: https://www.econbiz.de/10011969197
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Diffusion of behavior in dynamic networks
König, Michael D. - 2017
We analyze binary choice models in communication networks, in which both, the formation of links in the network as well as the action choices are endogenous. We provide a complete characterization of the equilibrium action choices and networks, where agents choose their strategies - actions and...
Persistent link: https://www.econbiz.de/10011663181
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The n-player Hirshleifer contest
Ewerhart, Christian; Sun, Guang-Zhen - 2020
We characterize the equilibrium set of the n-player Hirshleifer contest with homogeneous valuations. A symmetric equilibrium always exists. It necessarily corresponds to multilateral peace for sufficient noise and uses finite-support randomized strategies otherwise. Asymmetric equilibria are...
Persistent link: https://www.econbiz.de/10012284783
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Voluntary disclosure in unfair contests
Ewerhart, Christian; Grünseis, Julia - 2021
This paper studies the incentives for interim voluntary disclosure of verifiable information in probabilistic all-pay contests. Provided that the contest is uniformly asymmetric, full revelation is the unique perfect Bayesian equilibrium outcome. This is so because the weakest type of the...
Persistent link: https://www.econbiz.de/10012420693
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A typology of military conflict based on the Hirshleifer contest
Ewerhart, Christian - 2021
In a canonical model of military conflict, victory and defeat depend stochastically on the difference of resources deployed by the conflict parties. The present paper offers a comprehensive analysis of that model. The unique Nash equilibrium reflects either (i) peace, (ii) submission, (iii)...
Persistent link: https://www.econbiz.de/10012800465
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Efficiency effects on coalition formation in contests
Nevrekar, Saish - 2022
This paper studies the problem of endogenous coalition formation in contests: how players organize themselves in groups … settings. Efficiency gains are said to be generated if any coalition experiences increasing marginal returns with aggregate … a sequential coalition formation game for an arbitrary number of symmetric players and exogenous effort. If coalitions …
Persistent link: https://www.econbiz.de/10013197978