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We propose an elementary theory of wars fought by fully rational contenders that features three of the main rationalist explanations for armed conflicts: uncertainty, commitment, and indivisibility. Two parties play a Markov game that combines stages of bargaining, where offers are made, with...
Persistent link: https://www.econbiz.de/10010317128
We propose an elementary theory of wars fought by fully rational contenders that features three of the main rationalist explanations for armed conflicts: uncertainty, commitment, and indivisibility. Two parties play a Markov game that combines stages of bargaining, where offers are made, with...
Persistent link: https://www.econbiz.de/10009506420
Persistent link: https://www.econbiz.de/10011539695
Persistent link: https://www.econbiz.de/10009563450
Recent literature has emphasized that individuals display varying levels of strategic reasoning. This paper presents ten years worth of experimental data from two countries exploring the existence and endogeneity of gender differences in strategic sophistication. We report results from two...
Persistent link: https://www.econbiz.de/10012992351
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Persistent link: https://www.econbiz.de/10011702073
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