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Production, Exchange, and Appropriation in a Hawk-Dove Economy


  • Charles Anderton

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


We derive the payoffs of a hawk-dove game based upon production, exchange, and appropriation possibilities. We then link the evolutionary equilibrium of the game to economy-wide fundamentals: production, volume of trade, security of property, welfare, and the extent of hawks in the economy. Within the model we show how hawk-like behavior can be subdued by the potential of mutually beneficial exchange. The model also identifies the conditions under which appropriation possibilities are so large that hawk-like play comes to dominate the economy. We discover, under certain conditions, that an increase in each agent's productivity in its comparative advantage good reduces production and welfare. When increases in productivity result in less production and welfare, the hawk-dove society is plagued by immiserizing growth. The productivity increases which leads to immiserizing growth occur just prior to a productivity cusp that, if reached, vaults the hawk-dove economy to a dramatically improved state.

Suggested Citation

  • Charles Anderton, 1999. "Production, Exchange, and Appropriation in a Hawk-Dove Economy," Working Papers 9901, College of the Holy Cross, Department of Economics.
  • Handle: RePEc:hcx:wpaper:9901

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    References listed on IDEAS

    1. Marshall, Jeffery H., 1998. "The political viability of free market experimentation in Cuba: Evidence from Los Mercados Agropecuarios," World Development, Elsevier, vol. 26(2), pages 277-288, February.
    2. Betancourt, Roger R, 1996. "Growth Capabilities and Development: Implications for Transition Processes in Cuba," Economic Development and Cultural Change, University of Chicago Press, vol. 44(2), pages 315-331, January.
    3. Pissarides, Christopher A, 1997. "Learning by Trading and the Returns to Human Capital in Developing Countries," World Bank Economic Review, World Bank Group, vol. 11(1), pages 17-32, January.
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    More about this item


    appropriation; property rights; Hawk-dove game; immiserizing growth;

    JEL classification:

    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • D51 - Microeconomics - - General Equilibrium and Disequilibrium - - - Exchange and Production Economies
    • D74 - Microeconomics - - Analysis of Collective Decision-Making - - - Conflict; Conflict Resolution; Alliances; Revolutions
    • F10 - International Economics - - Trade - - - General


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