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We study the impact of communication on behavior in a two-stage coordination game with asymmetric payoffs. We test … analyze whether and how quickly a conflict-avoidance take-turn strategy can emerge. First, our results show that players learn … to solve the conflict by choosing opposite options at both stages of the game. Second, many adopt a take-turn strategy to …
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A game-theoretic model of repeated interaction between two potential adversaries is analyzed to illustrate how conflict … players. During each period, each adversary must decide to either stage an attack or not. Conflict ensues if either player … period of tranquility. When this happens, it is as if conflict has suddenly arisen without any apparent cause or impetus …
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question is how the significance of the conflict affects social investments, market shares, production quantities, profits, and … social welfare. Methods / Approach: Conflict technology is described by contest success functions determining market shares … existence and its characteristics are described. Conflict adversely affects the profit of the inefficient firm while it …
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The category of conflict encompasses not only war but also crime, litigation, strikes and lockouts, and redistributive … politics. Exchange theory and conflict theory constitute two coequal branches of economic analysis, the first based upon … conflict are reviewed. Preferences, opportunities, and perceptions are shown to determine the choice between conflict and …
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We study endogenous group formation in tournaments employing experimental three-player contests. We find that players in endogenously formed alliances cope better with the moral hazard problem in groups than players who are forced into an alliance. Also, players who are committed to expending...
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