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 …

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 …

die Wichtigkeit von Freiheit in positiver Ökonomik demonstriert. Teilnehmer des Experiments spielten ein Spiel in welchem …

Many resource allocation contests have the property that individuals undertake costly actions to appropriate a … potentially divisible resource. We design an experiment to compare individuals’ decisions across three resource allocation … contests which are isomorphic under risk-neutrality. The results indicate that in aggregate the single-prize contest generates …

Many resource allocation contests have the property that individuals undertake costly actions to appropriate a … potentially divisible resource. We design an experiment to compare individuals’ decisions across three resource allocation … contests which are isomorphic under riskneutrality. The results indicate that in aggregate the single-prize contest generates …

pool resource (CPR) experiments. The evidence indicates that in standard CPR games without communication and without …