Delay in contests

Verzögerung in Konfliktsituationen

Helmut Bester and Kai Konrad

No FS IV 02-20, Discussion Papers, Research Unit: Market Processes and Governance from WZB Berlin Social Science Center

Abstract: Why is there delay in contests? In this paper we follow and extend the line of reasoning of Carl von Clausewitz to explain delay. For a given contest technology, delay may occur if there is an asymmetry between defense and attack, if the expected change in relative strengths is moderate, and if the additional cost of investment in future strength is low.

Keywords: Delay; contest; conflict (search for similar items in EconPapers)
JEL-codes: B31 D74 H77 (search for similar items in EconPapers)
Date: 2002
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Citations: View citations in EconPapers (4)

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Related works:
Journal Article: Delay in contests (2004)
Working Paper: Delay in Contests (2003)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:wzbmpg:fsiv0220

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