Showing 1 - 10 of 46
We propose a theory of con ict in which actors balance the opportunity costs of ghting with the fear of being attacked. By mobilizing, an agent foregoes returns to her peacetime economic activity, but she can seize resources and protect herself from an attack. Opportunity costs change with the...
Persistent link: https://www.econbiz.de/10009439648
This article revisits the relationship between income per capita and civil conflict. We begin by documenting that the empirical literature identifies two different patterns. First, poor countries have a higher propensity to suffer from civil war. Second, civil war occurs when countries suffer...
Persistent link: https://www.econbiz.de/10011163307
We consider a game between a principal, an agent, and a monitor in which the principal would like to rely on messages by the monitor to target intervention against a misbehaving agent. The difficulty is that the agent can credibly threaten to retaliate against likely whistleblowers in the event...
Persistent link: https://www.econbiz.de/10010969268
We contrast the relationship between predation and the savings of its potential victim in two different simple models. In the first model, predation is an exogenous event in which savings are expropriated with some fixed probability. In such a setting, the higher the probability of expropriation...
Persistent link: https://www.econbiz.de/10008557136
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We examine the mechanics of deterrence and intervention when fear is a motive for conflict. We contrast results obtained in a complete information setting, where coordination is easy, to those obtained in a setting with strategic risk, where players have different assessments of their...
Persistent link: https://www.econbiz.de/10005718537
This paper brings together results which are required in order to extend the global games approach to settings where the game structure is endogenous. More precisely, it shows that the selection argument of Carlsson and van Damme [Global games and equilibrium selection, Econometrica 61(5) (1993)...
Persistent link: https://www.econbiz.de/10005146241
We study the design of randomized controlled experiments when outcomes are significantly affected by experimental subjects' unobserved effort expenditure. While standard randomized controlled trials (RCTs) are internally consistent, the unobservability of effort compromises external validity. We...
Persistent link: https://www.econbiz.de/10010551892
This paper studies how agents with conflicting interests learn to cooperate when the details of cooperation are not common knowledge. It considers a repeated game in which one player has incomplete information about when and how her partner can provide benefits. Initially, monitoring is...
Persistent link: https://www.econbiz.de/10008622163