A multi-stage model on the course of war is presented: Individual battles are modeled as private value all-pay auctions … with asymmetric combatants of two opposing teams. These auctions are placed within a multi-stage framework with a tug-of-war … models of militarized conflicts, yields new theoretical justification for existing empirical findings with respect to war, and …

variables. This study draws on conflict variables from the Correlates of War (COW) project to ask a critical question: How do … different types of conflict affect country growth rates? It finds that wars slow the economy. Estimates indicate that civil war …

focused on the other direction. We use cross-country panel data for the time period 1960-2005 to estimate war-related changes … in income inequality. Our results indicate rising levels of inequality during war and especially in the early period of … post-war reconstruction. However, we find that this rise in income inequality is not permanent. While inequality peaks …

probability of war in an incomplete information game. This result is strongly consistent with existing empirical analyses of the …

Based on the ordonomic approach, this essay explores five questions: 1. What is war propaganda? 2. Why is it successful …