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Research on third-party intervention into conflict has accelerated in recent years. Although some studies have explicitly assumed that third parties only value peace, recent theory has modeled parties to a conflict more flexibly. In addition, empirical results provide evidence that third-party...
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The Coase Theorem’s empirical credence and overall relevance to real-world settings continue to be questioned. Identification of a high-stakes, salient (to both Coasean claims) setting that features exogenously-assigned property rights has proven elusive according to the literature. While...
Persistent link: https://www.econbiz.de/10014260878
Research on third-party intervention into conflict has accelerated in recent years. Although some studies have explicitly assumed that third parties only value peace, recent theory has modeled parties to a conflict more flexibly. In addition, empirical results provide evidence that third-party...
Persistent link: https://www.econbiz.de/10008543243
This paper presents a simple model to characterize the outcome of a land dispute between two rival parties using a Stackelberg game. Unlike Gershenson and Grossman (2000), we assume that the opposing parties have access to different technologies for challenging and defending in conflict. We...
Persistent link: https://www.econbiz.de/10005495987