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Motivated by recent examples of collective effort on the war on terror, we examine the incentives that retaliation may …-specific benefits from retaliation enjoyed by each coalition member, the relatively lower spillover benefit from retaliation enjoyed by … the anticipated backlash from retaliation, which targets coalition members only. …
Persistent link: https://www.econbiz.de/10013171770
We develop a sequentially variant Blotto game with one-sided and incomplete information to investigate strategic interactions between a defender and an attacker whose target site values are unknown. The defender first allocates defensive resources before the attacker decides a probability...
Persistent link: https://www.econbiz.de/10015419337
We introduce political salience into a canonical model of attacks against political regimes, as scaling agents' expressive payoffs from taking sides. Equilibrium balances heterogeneous expressive concerns with material bandwagoning incentives, and we show that comparative statics in salience...
Persistent link: https://www.econbiz.de/10014445156
Take the fort, then take the city. In a two-stage, two-party contest, victory in the initial stage can provide an advantage in the final stage. We examine such momentum in conflict scenarios and investigate how valuable it must be to avoid a Pyrrhic victory. Our main finding is that although the...
Persistent link: https://www.econbiz.de/10013171901
The allocation of a co-owned company to a single owner using the Texas Shoot-Out mechanism with private valuations is investigated. We identify Knightian Uncertainty about the peer's distribution as the reason for its deterrent effect of an immature dissolving. Modeling uncertainty by a compact...
Persistent link: https://www.econbiz.de/10013174846
-intensity violence (i.e. terrorism, civil war) has not yet occurred. …
Persistent link: https://www.econbiz.de/10012416556
This paper explores the dynamics of nation-building policies and the conditions under which a state can promote a shared national identity on its territory. A forward-looking central government that internalizes identity dynamics shapes them by choosing the level of state centralization....
Persistent link: https://www.econbiz.de/10012308623
This paper examines how network ties between local social leaders influenced the diffusion of mass protests in an autocracy. We focus on the Protestant Church and the Peaceful Revolution in East Germany. To quantify the role of leader networks in protest diffusion, we compile biographical...
Persistent link: https://www.econbiz.de/10015394365
Even efficient financial markets may break down under periods of prolonged stress, especially when the ramification of an event is unclear. Political violence is such an event, sending immediate signals about possible impact on firm valuations but unclear information about the future viability...
Persistent link: https://www.econbiz.de/10012628550
This paper replicates the analysis of Kim and Albert Kim (2018). Kim and Albert Kim (2018) find asizeable and negative impact of the Charlie Hebdo terrorist attack on various indicators of mentalhealth. Overall, our results confirm the conclusions of Kim and Albert Kim (2018).
Persistent link: https://www.econbiz.de/10012507357