all-pay auction is appealing in two senses. First, it ensures exceptional equitable final prize valuations. Second, it is …

ways of extending the standard static economic model of conflict to study patterns of conflict dynamics. It turns out that …. In particular, we are unable to study dynamic military conflict as a series of “battles” that are resolved individually … subject to this limitation. Plausible patterns of conflict dynamics emerge, which we can link to both historical conflict and …

from surprise warfare may agree to peace, but will later renege on it. It is shown that the levels of conflict chosen by … (sanctions) can reduce or eliminate conflict. These sanctions, however, need to be credible. Finally, the independent provision …

different explanations for the overbidding phenomenon, including bounded rationality, utility of winning, other …

all-pay auction is appealing in two senses. First, it ensures exceptional equitable final prize valuations. Second, it is …

all-pay auction is appealing in two senses. First, it ensures exceptional equitable final prize valuations. Second, it is … maximization ; balanced-budget constraint ; budget surplus ; optimal differential taxation ; endogenous stakes ; all-pay auction …