I study incentives for information transmission and collective decision-making between multiple players in an alliance. Within an alliance, i) players have private information; ii) actions exhibit substitutability; iii) action sets are constrained; and iv) preferences are heterogeneous. The main...

We study the role of information exchange through alliances in a framework with contestants who have binding budget limits and know their own budget limit but are incompletely informed about other contestants’ budget limits. First, we solve for the Bayesian Nash equilibrium. Then we consider...

We investigate the role of networks of alliances in preventing (multilateral) interstate wars. We first show that, in the absence of international trade, no network of alliances is peaceful and stable. We then show that international trade induces peaceful and stable networks: trade increases...

Conflicts between purchaser and contractor are a major problem in infrastructure development. Consequences of conflicts are massive cost overruns and delay. For this reason, the construction sector makes increasing use of project alliancing, one of the modern frameworks of delivery of complex...

Many real-world conflicts are to some extent determined randomly by noise. The way in which noise is modeled in contest success functions (CSFs) has important implications both for the possibility of forming cooperative relationships as well as for the features of such relationships. In a...

This paper posits that firms' corporate and technological diversification profiles and their relatedness in terms of products and technologies impact their propensity to form alliances for exploitation and exploration. The empirical investigation employs a dataset of all tire producers worldwide...

In order to study corruption when a person can adjudicate over property rights, we extend the Tullock contest model by letting identical workers and a non-productive enforcer, who is more effective at fighting, contest over a resource. Property rights for output are well defined, but it is not...

In a world continuously beset by conflict and violence, the positive study of international security and defense has developed rapidly over the past decade as a cohesive discipline within economics. Part of the cause for this trend is the revolutionary effects of globalization and its new...

This paper argues that for the imposer of a regime change or war, installing an authoritarian regime is one of the best ways to impose the political will on the target. Previous scholarships contend that an absolute win and a total resolution is likely to neutralize the vanquished party from its...

We investigate the impact on strategic alliance value when auditors have greater knowledge and experience in auditing contractual alliances. Although common and economically significant, contractual alliances often fail due to uncertainty, lack of trust, and poor culture matches between alliance...