The Deadliest of Games: The Institution of Dueling
AbstractRecent 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 InfoArticle provided by Southern Economic Association in its journal Southern Economic Journal.
Volume (Year): 76 (2010)
Issue (Month): 4 (April)
Find related papers by JEL classification:
- D02 - Microeconomics - - General - - - Institutions: Design, Formation, and Operations
- N20 - Economic History - - Financial Markets and Institutions - - - General, International, or Comparative
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- Hassani Mahmooei, Behrooz & Vahabi, Mehrdad, 2012. "Dueling for honor and identity economics," MPRA Paper 44370, University Library of Munich, Germany.
- 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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