Whose economic model is outmoded?
In: The African communist, Heft 136, S. 4-5
ISSN: 0001-9976
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In: The African communist, Heft 136, S. 4-5
ISSN: 0001-9976
In: Maritime Piracy and its Control
In: Maritime Piracy and its Control
In: American economic review, Band 104, Heft 4, S. 1350-1367
ISSN: 1944-7981
We propose a model of cycles of conflict and distrust. Overlapping generations of agents from two groups sequentially play coordination games under incomplete information about whether the other side consists of bad types who always take bad actions. Good actions may be misperceived as bad and information about past actions is limited. Conflict spirals start as a result of misperceptions but also contain the seeds of their own dissolution: Bayesian agents eventually conclude that the spiral likely started by mistake, and is thus uninformative of the opposing group's type. The agents then experiment with a good action, restarting the cycle. (JEL D72, D74, D83, Z13)
In: Theory and decision library
In: Series B, Mathematical and statistical methods 2
In: Alternative voices in contemporary economics
In: The Economic Journal, Band 91, Heft 362, S. 584
In: Journal of economic dynamics & control, Band 17, Heft 4, S. 631-658
ISSN: 0165-1889
In: Journal of economic dynamics & control, Band 4, S. 311-313
ISSN: 0165-1889
In: The economic journal: the journal of the Royal Economic Society, Band 109, Heft 455, S. 222-241
ISSN: 1468-0297
SSRN
Working paper
In: Demokratizatsiya: the journal of post-Soviet democratization = Demokratizacija, Band 11, Heft 1, S. 17-25
ISSN: 1074-6846
World Affairs Online
In: Economic Analysis and Policy, Band 29, S. 93-112
In: Journal of economic dynamics & control, Band 18, Heft 3-4, S. 781-805
ISSN: 0165-1889
In: Discussion papers in economics 177