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cooperation. Taken together, these contributions show that economics needs a theory of conflict to understand both outright …Modern economics has largely ignored the issue of outright conflict as an alternative way of allocating goods, assuming … peaceful market transactions, conflict exists as an outside option, sometimes constraining the outcomes reached through …
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Purpose - This study proposes a Bayesian approach to analyze structural breaks and examines whether structural changes have occurred, at the onset of civil war, with respect to economic development and population during the period from 1945 to 1999. Design/methodology/approach - In the Bayesian...
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