This paper considers a partial equilibrium model of conflict where two asymmetric, rational and risk-neutral opponents … clash in order to redistribute a divisible prize in their favour. Differently from common contest models agents have the … option of choosing a second instrument to affect the outcome of the conflict. The second instrument is assumed to capture a …

This paper considers a partial equilibrium model of conflict where two asymmetric, rational and risk-neutral opponents … clash in order to redistribute a divisible prize in their favour. Differently from common contest models agents have the … option of choosing a second instrument to affect the outcome of the conflict. The second instrument is assumed to capture a …

potential. Applications include international conflict, litigation, and elections. Even though only a peaceful agreement avoids … a loss of resources, if this loss is small enough, then any mechanism must assign a positive probability of conflict. We … show how the likelihood of conflict outbreak depends on the distribution of power between the agents and their information …

conflict. Droughts are a major driver of conflict in Africa, particularly between nomadic pastoralists and sedentary farmers … drought-induced conflict. One key mechanism is that insured pastoralists travel less far away from their ancestral homelands … to mitigate conflict beyond difficult institutional reforms and raises the question of how governments can support the …

nations, as in a strategic game of international conflict handing over military spending decisions to citizens who face a …

conflict. Droughts are a major driver of conflict in Africa, particularly between nomadic pastoralists and sedentary farmers … drought-induced conflict. One key mechanism is that insured pastoralists travel less far away from their ancestral homelands … to mitigate conflict beyond difficult institutional reforms and raises the question of how governments can support the …

such as race, gender, or ethnicity is much less acceptable. Why? I develop a simple rent-seeking model of conflict which is …