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nothing if it loses. We study a model of war with such an asymmetric payoff structure, and private information about military … win the war unless its expected military technology is considerably worse. Our model may thus explain why defending …
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The category of conflict encompasses not only war but also crime, litigation, strikes and lockouts, and redistributive …
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I develop a game theoretic model where players use two different reasoning processes in strategic situations: cooperative and competitive. Players always consider cooperating at first: if they believe others will cooperate with enough probability, they will do so; otherwise they behave...
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