The economics of conflict : theory and empirical evidence /
Modern economics has largely ignored the issue of outright conflict as an alternative way of allocating goods, assuming instead the existence of well-defined property rights enforced by an undefined third party. And yet even in ostensibly peaceful market transactions, conflict exists as an outside o...
| Other Authors: | |
|---|---|
| Format: | eBook |
| Language: | English |
| Published: |
Cambridge, Massachusetts :
MIT Press,
[2014]
|
| Series: | CESifo seminar series
|
| Subjects: | |
| Online Access: | Connect to the full text of this electronic book |
| Summary: | Modern economics has largely ignored the issue of outright conflict as an alternative way of allocating goods, assuming instead the existence of well-defined property rights enforced by an undefined third party. And yet even in ostensibly peaceful market transactions, conflict exists as an outside option, sometimes constraining the outcomes reached through voluntary agreement. In this volume, economists offer a crucial rational-choice perspective on conflict, using methodological approaches that range from the game theoretic to the experimental. |
|---|---|
| Physical Description: | 1 online resource (xviii, 285 pages) : illustrations. |
| ISBN: | 9780262321976 0262321971 9781306491150 1306491150 |
| DOI: | 10.7551/mitpress/9780262026895.001.0001 |