Garfinkel, Michelle R.; Skaperdas, Stergios - In: Handbook of defense economics : volume 2, Defense in a …, (pp. 649-709). 2007
In this chapter, we review the recent literature on conflict and appropriation. Allowing for the possibility of conflict, which amounts to recognizing the possibility that property rights are not perfectly and costlessly enforced, represents a significant departure from the traditional paradigm...
