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Using examples for each type of model, we consider dynamic games, differential games, and simulation as alternative ways of extending the standard static economic model of conflict to study patterns of conflict dynamics. It turns out that computational requirements and theoretical difficulties...
Persistent link: https://www.econbiz.de/10010369281
We review, and extend, one of the classic dynamic models of conflict in economics by Richardson (1919) and Boulding (1962). It turns out that the stability properties of the model change if one takes a more realistic 'incrementalist' view, and that chance / friction can easily be incorporated...
Persistent link: https://www.econbiz.de/10011531003
We review, and extend, one of the classic dynamic models of conflict in economics by Richardson (1919) and Boulding (1962). Restrictions on parameters are relaxed to account for alliances and for peace-keeping, yielding new dynamic patterns of conflict. In addition, we explore an incrementalist...
Persistent link: https://www.econbiz.de/10011531006
Persistent link: https://www.econbiz.de/10015178936
Using examples for each type of model, we consider dynamic games, differential games, and simulation as alternative ways of extending the standard static economic model of conflict to study patterns of conflict dynamics. It turns out that computational requirements and theoretical difficulties...
Persistent link: https://www.econbiz.de/10010239477
We review, and extend, one of the classic dynamic models of conflict in economics by Richardson (1919) and Boulding (1962). Restrictions on parameters are relaxed to account for alliances and for peace-keeping, yielding new dynamic patterns of conflict. In addition, we explore an incrementalist...
Persistent link: https://www.econbiz.de/10011442602
We extend, and apply, one of the classic dynamic models in conflict economics due to Richardson (1919) and Boulding (1962). Restrictions on parameters are relaxed to account for alliances and for peace-keeping, and incrementalist as well as stochastic versions of the model are reviewed. These...
Persistent link: https://www.econbiz.de/10012991550
Persistent link: https://www.econbiz.de/10001509910
Persistent link: https://www.econbiz.de/10001546826
Upon moving to Hamburg, Germany, after a couple of years abroad, I noticed that gas prices at the pump varied much more over time than I had been accustomed to in Hungary. Neither did these fluctuations tally well with previous personal experience living in Bavaria for almost two decades. To be...
Persistent link: https://www.econbiz.de/10003581964