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The economic literature on conflict employs a static, game-theoretic framework developed by Jack Hirshleifer. The authors introduce conflict dynamics into a model with two rival groups, each dependent on a single contested renewable resource. The model is based on two stylized facts: conflict...
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As time passes, renewable resource scarcities are becoming more common. There is increasing evidence that these scarcities are a causal factor in political conflict, especially in developing countries. We present a simple dynamic model of renewable resource and population interaction featuring...
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We develop a model of repeated conflict that features probabilistic winner-take-all outcomes and compare its dynamics to the dynamics generated by a similar deterministic model in which combatants divide the conflict spoils. While these models generate the same behavior in a one-shot game, in a...
Persistent link: https://www.econbiz.de/10010619085
This paper considers a game theoretic framework of repeated conflict over natural resource extraction, in which the victory in each engagement is probabilistic and the winner takes all the extracted resource. Every period, each contesting group allocates its capabilities, or power, between...
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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
To assess and manage reputational risks associated with supply chains, buyers are increasingly seeking information about their suppliers’ labor and environmental performance. Several voluntary programs have arisen to encourage suppliers to report this information in a standardized manner, but...
Persistent link: https://www.econbiz.de/10011096387
Corporate self-regulation is a crucial non-market strategy, and has generally been understood as a response to regulatory threats. However, self-regulation can also influence the nature of regulatory threats, especially when firms have private information about their costs of abatement. We study...
Persistent link: https://www.econbiz.de/10011096390