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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. E. Feess & Gerd Muehlheusser & M. Walzl, 2008. "Unfair contests," Journal of Economics, Springer, vol. 93(3), pages 267-291, April.
      • Feess, E. & Muehlheusser, G. & Walzl, M., 2004. "Unfair contests," Research Memorandum 048, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
    3. Hadi Yektaş & Magnus Hoffmann & Friedhelm Hentschel & Roland Hodler, 2019. "Wars of Conquest and Independence," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 175(4), pages 617-640.
    4. Gilles Grandjean & Petros G. Sekeris, 2017. "The timing of contests," Defence and Peace Economics, Taylor & Francis Journals, vol. 28(2), pages 137-149, March.
    5. 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.
    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. Garfinkel, Michelle R. & Skaperdas, Stergios, 2007. "Economics of Conflict: An Overview," Handbook of Defense Economics, in: Keith Hartley & Todd Sandler (ed.), Handbook of Defense Economics, edition 1, volume 2, chapter 22, pages 649-709, Elsevier.
    8. 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.
    9. Mattias Polborn & Zaruhi Sahakyan, 2007. "Dynamic Lobbying Conflicts," Economics of Governance, Springer, vol. 8(3), pages 263-279, May.
    10. Franke, Marcel, 2021. "Eine Verhandlung zur Selektion der konstitutionenökonomischen Lösung," The Constitutional Economics Network Working Papers 03-2021, University of Freiburg, Department of Economic Policy and Constitutional Economic Theory.
    11. 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.
    12. Helmut Bester & Kai A. Konrad, 2005. "Easy Targets and the Timing of Conflict," Journal of Theoretical Politics, , vol. 17(2), pages 199-215, April.
    13. repec:got:cegedp:21 is not listed on IDEAS
    14. McBride, Michael & Skaperdas, Stergios & Tsai, Pi-Han, 2018. "Why go to court? Bargaining failure under the shadow of trial with complete information," European Journal of Political Economy, Elsevier, vol. 55(C), pages 151-168.
    15. 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.
    16. Derek J. Clark & Kai A. Konrad, 2007. "Asymmetric Conflict," Journal of Conflict Resolution, Peace Science Society (International), vol. 51(3), pages 457-469, June.

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    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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