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Explaining Conflict in Low-Income Countries : Incomplete Contracting in the Shadow of the Future
McBride, Michael T. - 2006
We examine two factors that help explain the prevalence of conflict in low-income countries: that adversaries cannot enforce long-term contracts in arms, and that open conflict alters the future strategic positions of the adversaries differently than does peace. Using an infinite horizon model,...
Persistent link: https://www.econbiz.de/10012783320
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New contest success functions
Chakravarty, Satya R.; Maharaj, Bhargav - Society for the Study of Economic Inequality - ECINEQ - 2014
Skaperdas (1996) characterized the contest success function (CSF), which stipulates the winning probabilities of the contestants, using respectively the scale invariance and translation invariance axioms. This paper first characterizes the entire family of CSFs that fulfils a convex mixture of...
Persistent link: https://www.econbiz.de/10010938091
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Conflict, Evolution, Hegemony, and the Power of the State
Levine, David; Modica, Salvatore - National Bureau of Economic Research (NBER) - 2013
In a model of evolution driven by conflict between societies more powerful states have an advantage. When the influence of outsiders is small we show that this results in a tendency to hegemony. In a simple example in which institutions differ in their "exclusiveness" we find that these...
Persistent link: https://www.econbiz.de/10010950707
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The 15-years-long emergency, the burial-of-the-dead conflict and the ultimatum game.
Villani, Salvatore - Volkswirtschaftliche Fakultät, … - 2008
The application of game theory and cognitive economy to analyze the problem of undesired location - The analysts of the processes of public bodies decision - taking have long been discussing on the establishment of proper strategies to manage "environmental conflicts" - above all the so-called...
Persistent link: https://www.econbiz.de/10011258906
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Contest success functions (*)
Skaperdas, Stergios - In: Economic Theory 7 (1996) 2, pp. 283-290
Tournaments, conflict, and rent-seeking have been modelled as contests in which participants exert effort to increase their probability of winning a prize. A Contest Success Function (CSF) provides each player's probability of winning as a function of all players' efforts. In this paper the...
Persistent link: https://www.econbiz.de/10005370943
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Contest success functions: an extension
Riis, Christian; Clark, Derek J. - In: Economic Theory 11 (1997) 1, pp. 201-204
This note extends the axiomatic characterization of the "power" success function in fair contests by Skaperdas (1996) to an unfair contest. We show that the results previously obtained are straightforward to generalize; the success function is uniquely characterized by Luce's Choice Axiom...
Persistent link: https://www.econbiz.de/10005371086
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Two-person pie-cutting: The fairest cuts
Barbanel, Julius B.; Brams, Steven J. - Volkswirtschaftliche Fakultät, … - 2010
. An analogous approach for cakes fails because of problems in eliciting truthful preferences. …
Persistent link: https://www.econbiz.de/10008595902
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A contest success function for rankings
Vesperoni, Alberto - Network of European Peace Scientists - NEPS - 2013
A contest is a game where several players compete for winning prizes by expending costly efforts. We assume that the outcome of a contest is an ordered partition of the set of players (a ranking) and a contest success function assigns a probability to each possible outcome as a function of...
Persistent link: https://www.econbiz.de/10010840260
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Endogenous Preferences and Social-Dilemma Institutions
Poulsen, Anders; Poulsen, Odile - In: Journal of Institutional and Theoretical Economics (JITE) 162 (2006) 4, pp. 627-660
There is robust experimental evidence that some people have selfish preferences, and others have social, or other …-regarding, preferences. This paper seeks to explain why there is such preference heterogeneity. In our approach preferences are endogenous to … endogenous preferences: There is, under a wide set of institutional setups, a unique endogenous preference distribution, where …
Persistent link: https://www.econbiz.de/10005764369
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Arbitration and Bargaining across the Pacific
Deck, Cary; Farmer, Amy; Zeng, Dao-Zhi - In: Southern Economic Journal 76 (2009) 1, pp. 183-197
This paper reports laboratory experiments comparing arbitration behavior between and across two countries with extensive trade relations, the United States and Japan. Besides comparing disputes in both locations, we evaluate disputes between them. While we find nominal differences between the...
Persistent link: https://www.econbiz.de/10008466988