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In many instances of potential violent or non-violent conflict the future strategic positions of adversaries are very different when there is open conflict than when there is settlement. In such environments we show that, as the future becomes more important, open conflict becomes more likely...
Persistent link: https://www.econbiz.de/10003923592
We study three triggers of conflict and explore their resultant emotional reactions in a laboratory experiment. Economists suggest that the primary trigger of conflict is monetary incentives. Social psychologists suggest that conflicts are often triggered by fear. Finally, evolutionary...
Persistent link: https://www.econbiz.de/10011708841
Persistent link: https://www.econbiz.de/10011976414
Why do legal disputes ever go to trial? Prior research emphasizes the role of mistakes, irrationalities, or asymmetric information because rational litigants with complete or symmetric information should choose pre-trial settlements over the costs and risks of trial. Using a dynamic...
Persistent link: https://www.econbiz.de/10010959987
In this paper, we explore two factors that can limit arming and, more generally, the costs of enforcement within and across states: governance or the formal organizations and institutions that help define and enforce property rights, and norms, or the informal arrangements in settling potential...
Persistent link: https://www.econbiz.de/10009391818
We explore how peace or war can occur in the presence of commitment problems. These problems can be reduced by institutions of good governance or, alternatively, state capacity which (i) can be considered a collective good and (ii) can be improved through investments. We show how the likelihood...
Persistent link: https://www.econbiz.de/10008510278
In many instances of potential violent or non-violent conflict, the future strategic positions of adversaries are very different when there is open conflict than when there is settlement. Then, we show that as the future becomes more important, open conflict becomes more likely than settlement....
Persistent link: https://www.econbiz.de/10005003892