Showing 1 - 10 of 206
This paper develops a model of dynamic conflict featuring probabilistic winner- take-all outcomes and compares its behavior to a model in which combatants emerge with a share of the conflict spoils. While these two models generate the same behavior in a one-shot game, we find that in a repeated...
Persistent link: https://www.econbiz.de/10005453610
The economic literature on conflict employs a static game theoretic frame- work developed by Jack Hirshleifer. We extend this literature by explicitly introducing conflict dynamics into the model. Our specific application is based on two stylized facts. First, conflict often arises over scarce...
Persistent link: https://www.econbiz.de/10005696149
"There is a relatively small but growing literature in economics that examines conflictive activities using a framework in which agents allocate their resource endowments between wealth production and appropriation. To date, studies in this literature have employed a similar one period game...
Persistent link: https://www.econbiz.de/10009468454
As NATO expands eastward, Russia has expressed growing concerns over what it sees as a threat to its national security. At the same time Russia is transitioning to a market economy, with the aim of becoming a free trade partner with the West. The question of concern to European nations is; how...
Persistent link: https://www.econbiz.de/10010301267
As time passes, renewable resource scarcities are becoming more common throughout the world. There is increasing evidence that these scarcities are a causal factor in civil unrest and violent conflict, especially in developing countries. We present a simple model of renewable resource dynamics,...
Persistent link: https://www.econbiz.de/10011608442
As NATO expands eastward, Russia has expressed growing concerns over what it sees as a threat to its national security. At the same time Russia is transitioning to a market economy, with the aim of becoming a free trade partner with the West. The question of concern to European nations is; how...
Persistent link: https://www.econbiz.de/10008564975
As NATO expands eastward, Russia has expressed growing concerns over what it sees as a threat to its national security. At the same time Russia is transitioning to a market economy, with the aim of becoming a free trade partner with the West. The question of concern to European nations is; how...
Persistent link: https://www.econbiz.de/10010516948
We study three corporate nonmarket strategies designed to influence the lobbying behavior of other special interest groups: (1) astroturf, in which the firm covertly subsidizes a group with similiar views to lobby when it normally would not; (2) the bear hug, in which the firm overtly pays a...
Persistent link: https://www.econbiz.de/10005453611
Consumers are rarely sure of the exact standard that product labels and other certificates of quality represent. We show that any such uncertainty creates a “Groucho effect” in which seeing that a product has a label leads consumers to infer that the standard for the label itself is not very...
Persistent link: https://www.econbiz.de/10005453629
The literature on voluntary agreements studies self-regulation, negotiated agreements and public voluntary programs, typically in the shadow of a legislative threat. Prior studies have examined each of these instruments in isolation, but interactions between them have received less attention. We...
Persistent link: https://www.econbiz.de/10011096386