Decisiveness, peace, and inequality in games of conflict
Juan A. Lacomba,
Ernesto Reuben () and
Frans van Winden
Journal of Economic Psychology, 2017, vol. 63, issue C, 216-229
In this paper, we study two games of conflict characterized by unequal access to productive resources and finitely repeated interaction. In the Noisy Conflict game, the winner of the conflict is randomly determined depending on a players’ relative conflict expenditures. In the Decisive Conflict game, the winner of the conflict is simply the player who spends more on conflict. By comparing behavior in the two games, we evaluate the effect that “decisiveness” has on the allocation of productive resources to conflict, the resulting inequality in the players’ final wealth, and the likelihood that players form long-lasting peaceful relations.
Keywords: Conflict; Decisiveness; Inequality; Peace; Rent seeking (search for similar items in EconPapers)
JEL-codes: D72 D74 C92 (search for similar items in EconPapers)
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Working Paper: Decisiveness, Peace, and Inequality in Games of Conflict (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:joepsy:v:63:y:2017:i:c:p:216-229
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