Production, Appropriation, and Income Transfer
In a conflict between the prey and predator, the availability of income transfer option to the prey, given that defense is already an option, results in equilibrium where both defense and income transfer are utilized and the use of income transfer increases production efficiency by inducing either the prey or predator to divert resources from appropriation to production. The equilibrium amount of defense can be smaller because the prey has an interest in minimizing the amount of transfer that can be achieved in part by provoking a largest possible amount of offense from the predator if actual fight broke out. Copyright 2002, Oxford University Press.
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Volume (Year): 40 (2002)
Issue (Month): 2 (April)
|Contact details of provider:|| Postal: Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK|
Fax: 01865 267 985
Web page: http://ei.oupjournals.org/
More information through EDIRC
|Order Information:||Web: http://www.oup.co.uk/journals|
When requesting a correction, please mention this item's handle: RePEc:oup:ecinqu:v:40:y:2002:i:2:p:279-287. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Oxford University Press)or (Christopher F. Baum)
If references are entirely missing, you can add them using this form.