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present results from a laboratory experiment in which two parties can appropriate resources via a contest or, alternatively … compares conflict choices of players in two-against-two, one-against-one, and two-against-one settings. Overall, we find … evidence for a higher propensity to opt for conflict when entering the fight in a group than when having to fight as a single …
Persistent link: https://www.econbiz.de/10014390274
This paper considers a partial equilibrium model of conflict where two asymmetric, rational and risk-neutral opponents … clash in order to redistribute a divisible prize in their favour. Differently from common contest models agents have the … option of choosing a second instrument to affect the outcome of the conflict. The second instrument is assumed to capture a …
Persistent link: https://www.econbiz.de/10012734516
I study information disclosure as a means to create conflict. A sender has information about two parties' relative …
Persistent link: https://www.econbiz.de/10014079707
One of the most important and disputed questions within the fields of international relations and conflict studies … of a mediation process is affected by two factors: the relative degree of conflict and the incentives to misrepresent … is a sufficiently low likelihood of a misrepresentation problem. If in addition, the relative degree of conflict is low …
Persistent link: https://www.econbiz.de/10014080419
This paper considers incentives for information acquisition ahead of conflicts. First, we characterize the (unique) equilibrium of the all-pay auction between two players with one-sided asymmetric information where one player has private information about his valuation. Then, we use ou rresults...
Persistent link: https://www.econbiz.de/10003950481
How can a single player defend against the threat of a coordinated attack by a group? For example, how can a central bank defend a currency peg against speculators, a government against a revolution or a prison warden against a breakout? Bentham (1787) proposed an innovative prison concept based...
Persistent link: https://www.econbiz.de/10013014971
How can a single player defend against the threat of a coordinated attack by a group? For example, how can a central bank defend a currency peg against speculators, a government against a revolution or a prison warden against a breakout? Bentham (1787) proposed an innovative prison concept based...
Persistent link: https://www.econbiz.de/10013015698
potential. Applications include international conflict, litigation, and elections. Even though only a peaceful agreement avoids … a loss of resources, if this loss is small enough, then any contract must assign a positive probability of conflict. We … show how the likelihood of conflict outbreak depends on the distribution of power between the agents and their information …
Persistent link: https://www.econbiz.de/10012780612
Consider a society where ethnic conflict is imminent due to people's belief about the state of the world. An `informed …
Persistent link: https://www.econbiz.de/10012904240
We study a dynamic game in which players compete for a prize. In a waiting game with two-sided private information about strength levels, players choose between fighting, fleeing, or waiting. Players earn a “deterrence value” on top of the prize if their opponent escapes without a battle. We...
Persistent link: https://www.econbiz.de/10012850614