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 …

Macroeconomic costs of conflict are generally very large, with GDP per capita about 28 percent lower ten years after … conflict onset. This is overwhelmingly driven by private consumption, which falls by 25 percent ten years after conflict onset …. Conflict is also associated with dramatic declines in official trade, with exports (imports) estimated to be 58 (34) percent …

advantage in the final stage. We examine such momentum in conflict scenarios and investigate how valuable it must be to avoid a …, rent dissipation in the two-stage conflict is equal across party whether or not an individual obtains first-stage momentum … as useful conflict benchmarks, they dissipate additional expected contest rents. This additional rent-dissipative toll …

We examine the effect of inter-group fiscal competition on within-group violent conflict. Using a triple difference … that higher competition between villages reduces conflict but only up to moderate levels of competition. The conflict …

contribution to the hypothesis that inflation is primarily caused by conflict, and b) reconcile the Post-Keynesian and New … conflict and without money. In the second section they incorporate the conflict hypothesis into a broader framework compatible … testability of the proposed framework. We also highlight the ideological roots of the "inflation as conflict" hypothesis and the …

The transition from plan to market provides a rare opportunity for insight into the endogenous development of economic … were disrupted during the transition period, leading to an increase in the transaction costs for firms. Blanchard and … transition. Though this argument is correct, we believe that this and similar works stop short of a fuller characterisation of …