Economics of intolerance and social conflict
AbstractAn important consensus today is that intolerance and social conflict have a substantial economic dimension. This article models a person’s “returns” to acts of intolerance in terms of social approval or disapproval that this person’s peer-group may offer. It is found that high levels of intolerance may persist, that is, society is “in equilibrium,” even as this imposes economic costs.
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Bibliographic InfoArticle provided by Economists for Peace and Security (UK) in its journal Economics of Peace and Security Journal.
Volume (Year): 4 (2009)
Issue (Month): 2 (July)
intolerance; social conflict; game theory.;
Find related papers by JEL classification:
- D74 - Microeconomics - - Analysis of Collective Decision-Making - - - Conflict; Conflict Resolution; Alliances
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