{"title":"Continuing Conflict and Stalemate: A Note","authors":"Raul Caruso","doi":"10.2139/SSRN.975023","DOIUrl":null,"url":null,"abstract":"This note is about the possibility of a stalemate in a continuing conflict. Following the prevailing economic literature on the topic, under some assumptions, the outcome of a conflict can be described in two ways: (i) a predetermined split of a contested output; (ii) a winner-take-all contest where the winning agent is capable to grab all the contested stake. By contrast, in reality many disputes do not have a clear or a definite outcome. A stalemate can end the conflict with the result of a draw. To allow for a stalemate, some formal modifications to the classical Hirshleifer’s model of conflict are needed. In particular, the possibility of a stalemate can be captured through a modified form of the Contest Success Function as axiomatized by Blavatskyy (2004). Under the possibility of a stalemate, the scenario exhibits a higher level of ‘guns’ than Hirshleifer’s classical model. At the same time, it also exhibits a lower degree of entropy.","PeriodicalId":47355,"journal":{"name":"Economics Bulletin","volume":null,"pages":null},"PeriodicalIF":0.6000,"publicationDate":"2007-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"23","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Economics Bulletin","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.2139/SSRN.975023","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"Economics, Econometrics and Finance","Score":null,"Total":0}
引用次数: 23
Abstract
This note is about the possibility of a stalemate in a continuing conflict. Following the prevailing economic literature on the topic, under some assumptions, the outcome of a conflict can be described in two ways: (i) a predetermined split of a contested output; (ii) a winner-take-all contest where the winning agent is capable to grab all the contested stake. By contrast, in reality many disputes do not have a clear or a definite outcome. A stalemate can end the conflict with the result of a draw. To allow for a stalemate, some formal modifications to the classical Hirshleifer’s model of conflict are needed. In particular, the possibility of a stalemate can be captured through a modified form of the Contest Success Function as axiomatized by Blavatskyy (2004). Under the possibility of a stalemate, the scenario exhibits a higher level of ‘guns’ than Hirshleifer’s classical model. At the same time, it also exhibits a lower degree of entropy.
期刊介绍：
The Economic Bulletin is an open-access letters journal founded in 2001 with the mission of providing free and extremely rapid scientific communication across the entire community of research economists. EB publishes original notes, comments, and preliminary results. We are especially interested in publishingmanuscripts that keep the profession informed about on-going research programs. Our publication standard is that a manuscript be original, correct and of interest to a specialist. Submissions in these categories are refereed and our objective is to make a decision within two months. Accepted papers are published immediately. It is expected that in many cases, manuscripts published in these categories will form the foundation for more complete works to besubsequently submitted to other journals. In all cases, submissions are restricted to seven printed pages exclusive of references, tables, figures, and appendices, and must be in PDF format. EB also publishes non-refereed letters to the editor, conference announcements and research announcements.
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