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This paper considers a partial equilibrium model of conflict where two asymmetric, rational and risk-neutral opponents … instrument to affect the outcome of the conflict. The second instrument is assumed to capture positive investments in ‘conflict … extremely large there is no room for cooperation and a conflict trap emerges; (b) whenever the degree of asymmetry falls within …
Persistent link: https://www.econbiz.de/10005789451
conflict, and it is generally impossible to find a single real-valued function representing the interests of the whole of … intrinsically necessary for the understanding of the fundamental problem of conflict resolution in economics in its various forms … equilibrium and the resolution by social choice of the resource allocation conflict in economics (Chichilnisky, 1991). …
Persistent link: https://www.econbiz.de/10005621494
Over the past century, the institution of capital and the process of its accumulation have been fundamentally transformed. By contrast, the theories that explain this institution and process have remained largely unchanged. The purpose of this paper is to address this mismatch. Using a broad...
Persistent link: https://www.econbiz.de/10005621372
‘as is,’ from our own work. The primary source is ‘The Weapondollar-Petrodollar Coalition,’ a 71 page chapter in our book … ‘Weapondollar-Petrodollar Coalition’ – but dismiss our ‘precise calibration of the oil/war nexus’ as ‘perfunctory.’ This dismissal …
Persistent link: https://www.econbiz.de/10005836969
Scholars and policymakers have devoted much attention to issues of third party intervention in conflict. The present … paper considers a conflict that draws two countervailing outside interveners. As in the realist perspective, the outside … escalatory conflict intervention. The paper also studies conditions required for the United Nations, or some such supra …
Persistent link: https://www.econbiz.de/10011109775
Kovenock and Roberson’s (2012ab) replication of Hausken’s (2008a) equations and parameter restrictions do not enhance our insight into the defense and attack of reliability systems. This reply intends to fill the remaining understanding gaps.
Persistent link: https://www.econbiz.de/10009647311
Kovenock and Roberson’s (2010) paper has the potential to advance the research frontier, but has deficiencies. This paper suggests how Kovenock and Roberson’s (2010) paper can be developed into a more substantial paper. Kovenock and Roberson’s (2010) paper consists of three sections. The...
Persistent link: https://www.econbiz.de/10008674264
This paper investigates how punishment promotes cooperation when the punishment enforcer is a third party independent of the implicated parties who propose the punishment. In a prisoner's dilemma experiment, we find an independent third party vetoes not only punishment to the cooperators but...
Persistent link: https://www.econbiz.de/10009402064
We present an experiment for the study of learning in a complex task which requires both memorisation and the ability to process several pieces of information. The outcome of an action, for which immediate feedback is given, depends on the context (i.e. one of thirty-two sequences of three...
Persistent link: https://www.econbiz.de/10014223185
This paper studies models where the optimal response functions under consideration are non-increasing in endogenous variables, and weakly increasing in exogenous parameters. Such models include games with strategic substitutes, and include cases where additionally, some variables may be...
Persistent link: https://www.econbiz.de/10012824357