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Exchange of Goods or Exchange of Blows? New Directions in Conflict and Exchange

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  • Charles Anderton

    ()
    (Department of Economics, College of the Holy Cross)

Abstract

Although conflict economics has expanded its interest post-Cold War violence, our theme is that conflict potential weaves itself into the decision of consumers, producers, and traders in ways that economists have essentially ignored. This is the lesson of our literature review and of our model, which combines Ricardian trade with the potential for appropriation under ratio and logistic conflict technology. The model shows that economic activities like production and exchange are fundamentally altered in the presence of conflict potential. We also find that arms races, arms control, violence, and technology of conflict exist in non-international forms within the production/exchange economy.

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Bibliographic Info

Paper provided by College of the Holy Cross, Department of Economics in its series Working Papers with number 9902.

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Length: 19 pages
Date of creation: Jan 1999
Date of revision:
Publication status: Published in Defense and Peace Economics, 2000, Vol. 11:1, pp. 55-71.
Handle: RePEc:hcx:wpaper:9902

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Web page: http://www.holycross.edu/departments/economics/website/
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Keywords: conflict; appropriation; property rights; exchange;

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Cited by:
  1. Hoffmann, Magnus, 2006. "Enforcement of Property Rights in a Barter Economy," MPRA Paper 3260, University Library of Munich, Germany.
  2. Martin Mcguire, 2002. "Property distribution and configurations of sovereign states: A rational economic model," Defence and Peace Economics, Taylor & Francis Journals, vol. 13(4), pages 251-270.

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