Showing 161 - 170 of 156,683
We study the role of inter-group differences in the emergence of conflict. In our setting, two groups compete for the …, that the opposition can either accept, or reject and wage conflict. Expropriating a large share of resources increases … of conflict. In equilibrium, allocations are non-monotonic in the cost of mobility. Moreover, limited commitment with …
Persistent link: https://www.econbiz.de/10010280829
I study a two-period model of conflict with two combatants and a third party who is an ally of one of the combatants …. There exist perfect Bayesian equilibria in which the third party's intervention worsens the conflict by energizing her ally … to withdraw from or stay in the conflict is based on her prior beliefs and not on the current conditions of the conflict …
Persistent link: https://www.econbiz.de/10010270600
In a society composed of a ruler and its citizens: what are the determinants of the political equilibrium between these two? This paper approaches this problem as a game played between a ruler who has to decide the distribution of the aggregate income and a group of agents/citizens who have the...
Persistent link: https://www.econbiz.de/10011324912
) equilibrium of the all-pay auction between two players with one-sided asymmetric information where one player has private … information about his valuation. Then, we use ou rresults to study information acquisition prior to an all-pay auction. If the …
Persistent link: https://www.econbiz.de/10010334005
We characterize the equilibrium of the all-pay auction with general convex cost of effort and sequential effort choices … to their choice of timing. In the most prominent equilibrium the player with the lowest cost of effort wins the auction …
Persistent link: https://www.econbiz.de/10010261378
International economic sanctions have become increasingly important as alternatives to military conflict since the end … success of sanctions depends on conflict expectations and levels of commitment. Many sanctions strategies end at the threat …
Persistent link: https://www.econbiz.de/10014024402
In a multi-project contract environment with a single agent who is subject to limited liability, the optimality of performance bundling across all projects is well established: The agent should be rewarded only if all projects are successful. In this paper, we study performance bundling across...
Persistent link: https://www.econbiz.de/10012889745
We examine a rent-seeking contest by teams, where team members can sabotage their teammates. In this setting, the effective effort (the effort level discounted by the sabotaged level) determines a team's winning probability and the shares of the winning prize. Thus, coordinating the effective...
Persistent link: https://www.econbiz.de/10013228169
This paper evaluates differential prize taxation and structural discrimination as a means of increasing efforts in the most widely studied contests. We establish that a designer who maximizes efforts subject to a balanced-budget constraint prefers dual discrimination, namely, change of the...
Persistent link: https://www.econbiz.de/10013105142
I consider a model in which an asset owner must decide how much to invest in his asset mindful of the fact that an encroacher's valuation of the asset is increasing in the asset owner's investment. Due to incomplete property rights, the encroacher and asset owner engage in a contest over the...
Persistent link: https://www.econbiz.de/10013152413