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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 …
Persistent link: https://www.econbiz.de/10012167897
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 …
Persistent link: https://www.econbiz.de/10013542205
We introduce three variations of the Hirshleifer-Skaperdas conflict game to study experimentally the effects of post-conflict … altogether, often after substantial initial conflict. To attain peace, players must first engage in costly signaling by making …
Persistent link: https://www.econbiz.de/10009771751
Wars of conquest and wars of independence are characterized by an asymmetric payoff structure: one party gets aggregate production if it wins, and its own production if it loses, while the other party gets only its own production if it wins, and nothing if it loses. We study a model of war with...
Persistent link: https://www.econbiz.de/10009754525
on the table, but there is no conflict regardless of the degree of power asymmetry. Indeed, there is no delay in reaching … an agreement that incorporates the (unrealized) costs of delay and conflict. A laboratory experiment has been used to … investigate the effects of power asymmetries on conflict rates in a two-stage bargaining game that is (if necessary) followed by …
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