Showing 1 - 10 of 209
In a society composed of a ruler and its citizens: what are the determinants of the political equilibrium between these two? This paper approaches this problem as a game played between a ruler who has to decide the distribution of the aggregate income and a group of agents/citizens who have the...
Persistent link: https://www.econbiz.de/10011600156
We study effort provision and incentivisation in a Tullock group-contest with m ≥ 2 groups that differ in size. A novel algorithmic procedure is presented that, under a symmetry assumption, explicitly characterises the equilibrium. Endogenous, optimal incentivisation schemes are then...
Persistent link: https://www.econbiz.de/10014552943
Community enforcement is an important device for sustaining efficiency in some repeated games of cooperation. We investigate cooperation when information about players' reputations spreads to their future partners through links in a social network that connects them. We find that information...
Persistent link: https://www.econbiz.de/10011773641
protocol or a conflict to appropriate the surplus. In the cooperative negotiations, disagreement corresponds to a pro rata … which conflict will be preferred to negotiated agreements (and vice versa), and we derive welfare implications. Finally, we … their relative size on the profitability of negotiated agreements. -- Bargaining ; Conflict ; Agency Problem …
Persistent link: https://www.econbiz.de/10008747115
We investigate the role of networks of military alliances in preventing or encouraging wars between groups of countries. A country is vulnerable to attack if there is some fully-allied group of countries that can defeat that country and its (remaining) allies based on a function of their...
Persistent link: https://www.econbiz.de/10010350454
We reconsider the relationship between oil and conflict, focusing on the location of oil resources. In a panel of 132 … countries over the period 1962-2009, we show that oil windfalls increase the probability of conflict in onshore-rich countries …, while they decrease this probability in offshore-rich countries. We use a simple model of conflict to illustrate how these …
Persistent link: https://www.econbiz.de/10011596256
We discuss the existence of a pooling equilibrium in a two-period model of an insurance market with asymmetric information. We solve the model numerically. We pay particular attention to the reasons for non-existence in cases where no pooling equilibrium exists. In addition to the phenom- enon...
Persistent link: https://www.econbiz.de/10012142264
economic incentives and transmitting their ideology as they are affected by evolving outcomes. We analyze their conflict …
Persistent link: https://www.econbiz.de/10009303814
We introduce a noncooperative multilateral bargaining model for a network-restricted environment, in which players can communicate only with their neighbors. Each player strategically chooses the bargaining partners among the neighbors to buy out their communication links with upfront transfers....
Persistent link: https://www.econbiz.de/10011279698
nations. -- Natural Resources ; Rentier States ; Conflict and Endogenous Political Regimes …
Persistent link: https://www.econbiz.de/10009535530