nothing if it loses. We study a model of war with such an asymmetric payoff structure, and private information about military … win the war unless its expected military technology is considerably worse. Our model may thus explain why defending …

Macroeconomic costs of conflict are generally very large, with GDP per capita about 28 percent lower ten years after … conflict onset. This is overwhelmingly driven by private consumption, which falls by 25 percent ten years after conflict onset …. Conflict is also associated with dramatic declines in official trade, with exports (imports) estimated to be 58 (34) percent …

The category of conflict encompasses not only war but also crime, litigation, strikes and lockouts, and redistributive … politics. Exchange theory and conflict theory constitute two coequal branches of economic analysis, the first based upon … conflict are reviewed. Preferences, opportunities, and perceptions are shown to determine the choice between conflict and …

regional conflict, and hence voiced little opposition to the continuation of a war economy at home. Recently, however, these … rapid globalization undermined gold profit in South Africa, while the end of the Cold War pulled the rug from under the … global arms race, drying up the flow of war profit in Israel. In these new conditions, dominant capital groups in the two …

article examines instead the effects of land abundance and war for investment and tenure security. The paper demonstrates that … war enhances land abundance. This implies that farm size for the analysis of land investment and tenure security. The … paper formally tests for land abundance and estimates a system of equations using farm survey data from post-war Mozambique …

This paper analyses post-war coping strategies by farm households in developing countries. The analysis is based on a … portfolio model of activity choices in war-affected rural Sub-Saharan Africa. A case study using farm household survey data … estimates the determinants of agricultural coping strategies in post-war Mozambique. Post-war coping strategies differ from pre …

-stage game with three competing importers, where fi rst, two of the countries decide on whether to initiate war against each …), but could render the eruption of war between member and non-member countries more likely (peace diversion). This paper is … literature to endogenize countries terms of trade. We use data from the Correlates of War project to empirically test these …