potential. Applications include international conflict, litigation, and elections. Even though only a peaceful agreement avoids … a loss of resources, if this loss is small enough, then any contract must assign a positive probability of conflict. We … show how the likelihood of conflict outbreak depends on the distribution of power between the agents and their information …

potential. Applications include international conflict, litigation, and elections. Even though only a peaceful agreement avoids … a loss of resources, if this loss is small enough, then any mechanism must assign a positive probability of conflict. We … show how the likelihood of conflict outbreak depends on the distribution of power between the agents and their information …

probabilistic contest. Examples of such contests may be international conflict, litigation, and elections. We show, in particular … agents who are uncertain about each other's fighting potential. We model the default option of outright conflict as a …, that if the loss of surplus from outright conflict is small enough, then any mechanism must assign a positive probability …

explain delay. For a given contest technology, delay may occur if there is an asymmetry between defense and attack, if the …

explain delay. For a given contest technology, delay may occur if there is an asymmetry between defense and attack, if the …

explain delay. For a given contest technology, delay may occur if there is an asymmetry between defense and attack, if the …

Contestants have to choose whether to initiate a contest or war, or whether to remain peaceful for another period. We … find that agents wait and initiate the contest once their rival is sufficiently weak to be an easy target …

Contestants have to choose whether to initiate a contest or war, or whether to remain peaceful for another period. We … find that agents wait and initiate the contest once their rival is sufficiently weak to be an easy target. …

Contestants have to choose whether to initiate a contest or war, or whether to remain peaceful for another period. We … find that agents wait and initiate the contest once their rival is sufficiently weak to be an easy target. …

Contestants have to choose whether to initiate a contest or war, or whether to remain peaceful for another period. We … find that agents wait and initiate the contest once their rival is sufficiently weak to be an easy target. …