Maxwell, John W.; Reuveny, Rafael; Davis, Jefferson - Department of Business Economics and Public Policy, … - 2007
behavior in a one-shot game, we find that in a repeated conflict setting the winner-take-all model generates richer dynamics …This paper develops a model of dynamic conflict featuring probabilistic winner- take-all outcomes and compares its … behavior to a model in which combatants emerge with a share of the conflict spoils. While these two models generate the same …