van der Ploeg, Frederick; Rohner, Dominic - In: European Economic Review 56 (2012) 8, pp. 1714-1729
We build a theoretical framework that allows for endogenous conflict behaviour (i.e., fighting efforts) and for endogenous natural resource exploitation (i.e., speed, ownership, and investments). While depletion is spread in a balanced Hotelling fashion during peace, the presence of conflict...