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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Detalles Bibliográficos
Autor Principal: Prada Sarmiento, Juan David
Formato: Desconocido (Unknown)
Lenguaje:Inglés (English)
Publicado: Universidad de los Andes, Facultad de Economía, CEDE 2018
Acceso en línea:http://hdl.handle.net/1992/8207