The Slippery Slope of Concession
"We show that with common knowledge and a common rate of time preference, the potential loser can always avoid wasteful conflict through a time-consistent series of small concessions. We examine how the failure of each of these assumptions may explain why conflicts arise. We also debate which actions may be helpful in such unfortunate circumstances." Copyright (c) 2008 Western Economic Association International.
(This abstract was borrowed from another version of this item.)
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Ariel Rubinstein, 2010.
"Perfect Equilibrium in a Bargaining Model,"
Levine's Working Paper Archive
252, David K. Levine.
- Hirshleifer, Jack, 1991.
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- Jack Hirshleifer, 1990. "The Technology of Conflict as an Economic Activity," UCLA Economics Working Papers 597, UCLA Department of Economics.
- Jack Hirshleifer, 2001.
"Appeasement: Can It Work?,"
American Economic Review,
American Economic Association, vol. 91(2), pages 342-346, May.
- Durham, Yvonne & Hirshleifer, Jack & Smith, Vernon L., 2008.
"The Paradox of Power,"
Handbook of Experimental Economics Results,
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