Showing 1 - 10 of 44
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 paper develops a framework to assess how fear of miscoordination affects the sustainability of cooperation. Building on theoretical insights from Carlsson and van Damme (1993), it explores the effect of small amounts of private information on a class of dynamic cooperation games with exit....
Persistent link: https://www.econbiz.de/10008470802
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
We study the design of randomized controlled experiments in environments where outcomes are significantly affected by unobserved effort decisions taken by the subjects(agents). While standard randomized controlled trials (RCTs) are internally consistent, the unobservability of effort provision...
Persistent link: https://www.econbiz.de/10008565083
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
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
We examine the determinants of cooperation and the effectiveness of deterrence when fear is a motive for conflict. We contrast results obtained in a complete information setting with those obtained in a setting with strategic risk, where players have different information about their...
Persistent link: https://www.econbiz.de/10008755017
We study the design of randomized controlled experiments in environments where outcomes are significantly affected by unobserved effort decisions taken by the subjects (agents). While standard randomized controlled trials (RCTs) are internally consistent, the unobservability of effort provision...
Persistent link: https://www.econbiz.de/10008642870
Persistent link: https://www.econbiz.de/10004999816
Persistent link: https://www.econbiz.de/10005014980