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The Deadliest of Games: The Institution of Dueling

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  • Christopher G. Kingston

    ()
    (Amherst College, Amherst, MA 01002, USA;)

  • Robert E. Wright

    ()
    (Augustana College, 2001 South Summit Avenue, Sioux Falls, SD 57197, USA.)

Abstract

Recent historical research indicates that ritualistic dueling had a rational basis. Basically, under certain social and economic conditions, individuals must fight in order to maintain their personal credit and social standing. We use a repeated two-player sequential game with random matching to show how the institution of dueling could have functioned as a costly but incentive-compatible means by which individuals could demonstrate their good faith dealings by defending their "honor."

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Bibliographic Info

Article provided by Southern Economic Association in its journal Southern Economic Journal.

Volume (Year): 76 (2010)
Issue (Month): 4 (April)
Pages: 1094-1106

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Handle: RePEc:sej:ancoec:v:76:4:y:2010:p:1094-1106

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Web page: http://www.southerneconomic.org/
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Cited by:
  1. Hassani Mahmooei, Behrooz & Vahabi, Mehrdad, 2012. "Dueling for honor and identity economics," MPRA Paper 44370, University Library of Munich, Germany.
  2. Behrooz Hassani-Mahmooei, Behrooz & Vahabi, Mehrdad, 2013. "Identity, Authority and Evolution of Order: the trajectory of dueling simulated," MPRA Paper 48219, University Library of Munich, Germany, revised 10 Jul 2013.

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