Delay in contests

Why is there delay in contests? In this paper we follow and extend the line of reasoning of Carl von Clausewitz to explain delay. For a given contest technology, delay may occur if there is an asymmetry between defense and attack, if the expected change in relative strengths is moderate, and if the additional cost of investment in future strength is low.

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Alternative title:	Verzögerung in Konfliktsituationen
Year of publication:	2002
Authors:	Bester, Helmut ; Konrad, Kai A.
Publisher:	Berlin : Wissenschaftszentrum Berlin für Sozialforschung (WZB)
Subject:	Delay \| contest \| conflict

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Series:	WZB Discussion Paper ; FS IV 02-20
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	hdl:10419/51129 [Handle] RePEc:zbw:wzbmpg:FSIV0220 [RePEc]
Classification:	B31 - Individuals ; D74 - Conflict; Conflict Resolution; Alliances ; H77 - Intergovernmental Relations; Federalism
Source:	EconStor

Persistent link: https://www.econbiz.de/10010307021