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, even if faced by a lower priced competitor. This runs in contrast to traditional price war theory. The introduction of …In this paper, game theory is applied to the case of price wars in a market scenario game towards a converging solution … resorting to a price war alone is not the optimum choice by the LOCAL player. Rather, the incumbent must not lower his price …
Persistent link: https://www.econbiz.de/10012840887
's expediency of war may resonate with a malevolence perspective, but the political bias of bargaining theory, as theorized in the …Economic theorizations of malevolence as laid out in Bargaining Theory (Anderton and Carter 2009) have discussed how … calculus of war between two nations. To put this assertion to the test, this working paper examines the Pulwama War and the …
Persistent link: https://www.econbiz.de/10012869828
conflict. Barring indivisibilities or commitment problems, the literature finds that war can only occur between rational …
Persistent link: https://www.econbiz.de/10013014320
We analyze the strategic allocation of resources across two contests as in the canonical Colonel Blotto game. In the games we study, two players simultaneously allocate their forces across two fields of battle. The larger force on each battlefield wins that battle, and the payoff to a player is...
Persistent link: https://www.econbiz.de/10012994865
The rise of a new power may lead the dominant power to seek a preventive war. We study this scenario in an experimental …
Persistent link: https://www.econbiz.de/10012801942
Persistent link: https://www.econbiz.de/10012803003
Persistent link: https://www.econbiz.de/10012602596
This paper explores the role of restrictions on the use of international reserves as economic sanctions. We develop a simple model of the strategic game between a sanctioning (creditor) country and a sanctioned (debtor) country. We show how the sanctioning country should impose restrictions...
Persistent link: https://www.econbiz.de/10013191083
Persistent link: https://www.econbiz.de/10009742651
We develop a theory of interstate conflict in which the degree of genealogical relatedness between populations has a … to go to war with each other, even after controlling for a wide set of measures of geographic distance and other factors …
Persistent link: https://www.econbiz.de/10013316348