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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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income. We explain this process of democratization as a rational way for incumbent elites to wage war effectively on other …
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Macroeconomic costs of conflict are generally very large, with GDP per capita about 28 percent lower ten years after conflict onset. This is overwhelmingly driven by private consumption, which falls by 25 percent ten years after conflict onset. Conflict is also associated with dramatic declines...
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conflict is about rival goods, more similar groups are more likely to engage in war with each other. We formalize these ideas …
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-stage game with three competing importers, where fi rst, two of the countries decide on whether to initiate war against each …), but could render the eruption of war between member and non-member countries more likely (peace diversion). This paper is … literature to endogenize countries terms of trade. We use data from the Correlates of War project to empirically test these …
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The category of conflict encompasses not only war but also crime, litigation, strikes and lockouts, and redistributive …
Persistent link: https://www.econbiz.de/10014024424