Uncertainty in conflicts
This paper theoretically assesses the role that uncertainty plays in the intensity of conflicts. The standard two-player rent-seeking contest model (Tullock, 1980) is extended to allow for privately known subjective values of the prize. The conflict is modeled as a Bayesian game on which each player...
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Formato: | Desconocido (Unknown) |
Lenguaje: | Inglés (English) |
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Universidad de los Andes, Facultad de Economía, CEDE
2018
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Acceso en línea: | http://hdl.handle.net/1992/8207 |