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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/10014618026
Recent studies emphasize the occurrence of conflict as a rational economic activity as well as production and exchange … terms of economic utility and in terms of peace than in ^Qcontinuing conflict^R and ^Qobstructed trade^R scenarios. …
Persistent link: https://www.econbiz.de/10005407777
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
Recent studies emphasize the occurrence of conflict as a rational economic activity along with production and exchange …
Persistent link: https://www.econbiz.de/10011138418
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
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
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
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