The long-lasting nature of the Palestinian-Israeli conflict has caused a severe slowdown of economic activity within and between the two economies involved. Palestine is currently afflicted with economic stagnation and structural bottlenecks - namely sharp income reductions, low investors'...

This paper extends the analysis of "Agricultural Property and the 1948 Palestinian Refugees: Assessing the Loss" (Lewis 1996) to non-agricultural property. The estimate is based mainly on the area of urban property abandoned by refugees, where valuations are based on contemporary transfer...

This paper introduces a two-sided methodological framework for studies on cooperation based on a new game design. Presented games are continuous prisoner's dilemma games with positive and negative presentations of an identically structured decision problem. Decision makers can choose an...

We consider a differential game of a conflict between two factions who both have a desire to exact revenge. We show that, in contrast to conventional wisdom, the desire for revenge need not lead to escalation of conflicts. Surprisingly, in the open-loop equilibrium, the weaker faction exerts a...