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War and Conflict in Economics: Theories, Applications, and Recent Trends

Erik Kimbrough, Kevin Laughren and Roman Sheremeta ()
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Kevin Laughren: Department of Economics, Simon Fraser University

Working Papers from Chapman University, Economic Science Institute

Abstract: We review the main economic models of war and conflict. These models vary in details, but their implications are qualitatively consistent, highlighting key commonalities across a variety of conflict settings. Recent empirical literature, employing both laboratory and field data, in many cases confirms the basic implications of con- flict theory. However, this literature also presents important challenges to the way economists traditionally model conflict. We finish our review by suggesting ways to address these challenges

Keywords: conflict; war; contest; all-pay auction; war of attrition (search for similar items in EconPapers)
JEL-codes: D72 D74 F51 F52 F54 H56 N4 Q34 (search for similar items in EconPapers)
Date: 2017
New Economics Papers: this item is included in nep-evo and nep-exp
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https://www.chapman.edu/research/institutes-and-ce ... remeta-JEBO-2017.pdf

Related works:
Journal Article: War and conflict in economics: Theories, applications, and recent trends (2020) Downloads
Working Paper: War and Conflict in Economics: Theories, Applications, and Recent Trends (2017) Downloads
Working Paper: War and Conflict in Economics: Theories, Applications, and Recent Trends (2017) Downloads
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