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Delay in contests

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  • Bester, Helmut
  • Konrad, Kai A.

Abstract

Why is there delay in contests? In this paper we follow and extend the line of reasoning of Carl von Clausewitz to explain delay. For a given contest technology, delay may occur if there is an asymmetry between defense and attack, if the expected change in relative strengths is moderate, and if the additional cost of investment in future strength is low.
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Suggested Citation

  • Bester, Helmut & Konrad, Kai A., 2004. "Delay in contests," European Economic Review, Elsevier, vol. 48(5), pages 1169-1178, October.
  • Handle: RePEc:eee:eecrev:v:48:y:2004:i:5:p:1169-1178
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    Citations

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    Cited by:

    1. Stergios Skaperdas, 2006. "Bargaining Versus Fighting," Defence and Peace Economics, Taylor & Francis Journals, vol. 17(6), pages 657-676.
    2. Roland Hodler & Hadi Yektas, 2013. "Wars of Conquest and Independence," CESifo Working Paper Series 4282, CESifo Group Munich.
    3. Helmut Bester & Kai A. Konrad, 2005. "Easy Targets and the Timing of Conflict," Journal of Theoretical Politics, , vol. 17(2), pages 199-215, April.
    4. Garfinkel, Michelle R. & Skaperdas, Stergios, 2007. "Economics of Conflict: An Overview," Handbook of Defense Economics, Elsevier.
    5. E. Feess & Gerd Muehlheusser & M. Walzl, 2008. "Unfair contests," Journal of Economics, Springer, vol. 93(3), pages 267-291, April.
      • Feess Eberhard & Muehlheusser Gerd & Walzl Markus, 2004. "Unfair Contests," Research Memorandum 050, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
    6. Kai A. Konrad & Stergios Skaperdas, 2007. "Succession Rules and Leadership Rents," Journal of Conflict Resolution, Peace Science Society (International), vol. 51(4), pages 622-645, August.
    7. Michael McBride & Stergios Skaperdas, 2005. "Explaining Conflict in Low-Income Countries: Incomplete Contracting in the Shadow of the Future," CESifo Working Paper Series 1636, CESifo Group Munich.
    8. Midlarsky Manus I. & Midlarsky Elizabeth R., 2013. "When the Weak Roar: Understanding Protracted Intrastate Conflict," Peace Economics, Peace Science, and Public Policy, De Gruyter, vol. 19(3), pages 321-331, December.
    9. Petros G. Sekeris, 2014. "The tragedy of the commons in a violent world," RAND Journal of Economics, RAND Corporation, vol. 45(3), pages 521-532, September.
    10. McBride, Michael & Skaperdas, Stergios, 2014. "Conflict, settlement, and the shadow of the future," Journal of Economic Behavior & Organization, Elsevier, vol. 105(C), pages 75-89.
    11. Mattias Polborn & Zaruhi Sahakyan, 2007. "Dynamic Lobbying Conflicts," Economics of Governance, Springer, vol. 8(3), pages 263-279, May.
    12. repec:got:cegedp:21 is not listed on IDEAS

    More about this item

    JEL classification:

    • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals
    • D74 - Microeconomics - - Analysis of Collective Decision-Making - - - Conflict; Conflict Resolution; Alliances; Revolutions
    • H77 - Public Economics - - State and Local Government; Intergovernmental Relations - - - Intergovernmental Relations; Federalism

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