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This note is about the possibility of a stalemate in a continuing conflict. Following the prevailing economic … literature on the topic, under some assumptions, the outcome of a conflict can be described in two ways: (i) a predetermined … stake. By contrast, in reality many disputes do not have a clear or a definite outcome. A stalemate can end the conflict …
Persistent link: https://www.econbiz.de/10005836217
This paper considers a partial equilibrium model of conflict where two asymmetric, rational and risk-neutral opponents … instrument to affect the outcome of the conflict. The second instrument is assumed to capture positive investments in ‘conflict … for the measurement and evaluation of conflict and …
Persistent link: https://www.econbiz.de/10005835709
This paper considers a partial equilibrium model of conflict where two asymmetric, rational and risk-neutral opponents … option of choosing a second instrument to affect the outcome of the conflict. The second instrument is assumed to capture a … complex bundle of Conflict Management Procedures (CMPs). Through comparative statics, different scenarios are studied. A …
Persistent link: https://www.econbiz.de/10005835785
This paper presents a two-sector economy. In a contested sector two agents struggle to appropriate the maximum possible fraction of a contestable output. In an uncontested sector uncontested sector, they hold secure property rights over the production of some goods. Agents split their resource...
Persistent link: https://www.econbiz.de/10010840256
Italy. This empirical study is underpinned by some theoretical insights drawn from conflict and rent-seeking theories. Then …
Persistent link: https://www.econbiz.de/10005787065
This paper considers a partial equilibrium model of conflict where two asymmetric, rational and risk-neutral opponents … instrument to affect the outcome of the conflict. The second instrument is assumed to capture positive investments in ‘conflict … extremely large there is no room for cooperation and a conflict trap emerges; (b) whenever the degree of asymmetry falls within …
Persistent link: https://www.econbiz.de/10005789451
The article aims at suggesting possible conjectures on Al-Qaeda's logic and structure. Even if the organization's secrecy makes any empirical evidence difficult to find, some insight can be provided by economic theory of contests: in this terms, Al-Qaeda can be acknowledged like an agent...
Persistent link: https://www.econbiz.de/10005408420
This paper considers a partial equilibrium model of conflict where two asymmetric, rational and risk-neutral opponents … conflict in order to appropriate a positive fraction of a stake. An institutional constraint is modelled through an exogenously … conflicting agents are willing to commit themselves to ease the conflict joining an institutional setting they do not ‘disarm …
Persistent link: https://www.econbiz.de/10005408438
This paper presents a model of conflict in an economy characterized by two sectors. In a first sector labelled as …
Persistent link: https://www.econbiz.de/10005621996
This paper considers a partial equilibrium model of conflict where two asymmetric, rational and risk-neutral opponents … option of choosing a second instrument to affect the outcome of the conflict. The second instrument is assumed to capture a … complex bundle of Conflict Management Procedures (CMPs). Through comparative statics, different scenarios are studied. A …
Persistent link: https://www.econbiz.de/10012734516