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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 rise of a new power may lead the dominant power to seek a preventive war. We study this scenario in an experimental two-stage bargaining game. In each stage, the rising power makes a bargaining offer and the declining power must choose whether to accept it or fight. Between the two stages,...
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