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the intensity of a conflict. The model combines elements from network theory and from the politico-economic theory of … conflict. We postulate a Tullock contest success function augmented by an externality: each group's strength is increased by … efforts. We then perform an empirical analysis using data on the Second CongoWar, a conflict that involves many groups in a …
Persistent link: https://www.econbiz.de/10013002623
the intensity of a conflict. The model combines elements from network theory and from the politico-economic theory of … conflict. We obtain a closed-form characterization of the Nash equilibrium. Using the equilibrium conditions, we perform an … empirical analysis using data on the Second Congo War, a conflict that involves many groups in a complex network of informal …
Persistent link: https://www.econbiz.de/10012966364
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 …
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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 …
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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 …
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