Showing 1 - 10 of 2,483
We study deterrence in sequential move conflicts, modeled as a contest. We bias the model in favor of peace by assuming that under complete information deterrence is achieved and peace prevails. We show that under incomplete information about states' types (resolve) the chances of deterrence...
Persistent link: https://www.econbiz.de/10009791545
Experiments evaluate the fit of human behaviour to the Shapley-Shubik power index (SSPI), a formula of voter power. Groups of six subjects with differing votes divide a fixed purse by majority rule in online chat rooms. Earnings proxy for measured power. Chat rooms and processes for selecting...
Persistent link: https://www.econbiz.de/10009789971
Considering several main types of dynamic contests (the race, the tug-of-war, elimination contests and iterated incumbency fights) we identify a common pattern: the discouragement effect. This effect explains why the sum of rentseeking efforts often falls considerably short of the prize that is...
Persistent link: https://www.econbiz.de/10013132650
Democratic societies are challenged by various violent and organized groups, be they terrorists, gangs or organized hooligans. In exchange for offering an identity, leaders in such groups typically require members to be violent. We introduce a simple model to capture these stylized facts, and...
Persistent link: https://www.econbiz.de/10012783319
Many cooperative games, especially ones stemming from resource pooling in queuing or inventory systems, are based on situations in which each player is associated with a single attribute (a real number representing, say, a demand) and in which the cost to optimally serve any sum of attributes is...
Persistent link: https://www.econbiz.de/10013027007
The choice by a blockchain community of whether to implement a proposed policy upgrade constitutes a coordination game, for which governance rules can help community members to select an equilibrium. Unlike typical scenarios in which governance is studied, in which the entire population is...
Persistent link: https://www.econbiz.de/10012917244
A group of actors, individuals or firms, can engage in collectively providing projects which may be costly or generating revenues and which may benefit some and harm others. Based on requirements of procedural fairness (Güth and Kliemt, 2013), we derive a bidding mechanism determining...
Persistent link: https://www.econbiz.de/10009736802
Hooliganism is on the rise and different countries use different strategies to combat it. We introduce a model where hooligans reap utility from violence and social identity and study the effects of different police strategies. We find that an increase in discriminative policing, provided by...
Persistent link: https://www.econbiz.de/10013317014
The application of game theory and cognitive economy to analyze the problem of undesired location - The analysts of the processes of public bodies decision - taking have long been discussing on the establishment of proper strategies to manage "environmental conflicts" - above all the so-called...
Persistent link: https://www.econbiz.de/10011258906
We study the formation of a ruling coalition in nondemocratic societies where institutions do not enable political commitments. Each individual is endowed with a level of political power. The ruling coalition consists of a subset of the individuals in the society and decides the distribution of...
Persistent link: https://www.econbiz.de/10014054220