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Exchange of Goods or Exchange of Blows? New Directions in Conflict and Exchange

Author

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  • Charles Anderton

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

Abstract

Although conflict economics has expanded its interest post-Cold War violence, our theme is that conflict potential weaves itself into the decision of consumers, producers, and traders in ways that economists have essentially ignored. This is the lesson of our literature review and of our model, which combines Ricardian trade with the potential for appropriation under ratio and logistic conflict technology. The model shows that economic activities like production and exchange are fundamentally altered in the presence of conflict potential. We also find that arms races, arms control, violence, and technology of conflict exist in non-international forms within the production/exchange economy.

Suggested Citation

  • Charles Anderton, 1999. "Exchange of Goods or Exchange of Blows? New Directions in Conflict and Exchange," Working Papers 9902, College of the Holy Cross, Department of Economics.
  • Handle: RePEc:hcx:wpaper:9902
    as

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    References listed on IDEAS

    as
    1. Charles Anderton, 1999. "Production, Exchange, and Appropriation in a Hawk-Dove Economy," Working Papers 9901, College of the Holy Cross, Department of Economics.
    2. Keith Hartley & Todd Sandler (ed.), 1995. "Handbook of Defense Economics," Handbook of Defense Economics, Elsevier, edition 1, volume 1, number 1.
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    Cited by:

    1. Martin Mcguire, 2002. "Property distribution and configurations of sovereign states: A rational economic model," Defence and Peace Economics, Taylor & Francis Journals, vol. 13(4), pages 251-270.
    2. Hoffmann, Magnus, 2006. "Enforcement of Property Rights in a Barter Economy," MPRA Paper 3260, University Library of Munich, Germany.
    3. Korkut Alp Ertürk, 2011. "Governance and Asymmetric Power," Chapters,in: Does Economic Governance Matter?, chapter 2 Edward Elgar Publishing.

    More about this item

    Keywords

    conflict; appropriation; property rights; exchange;

    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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