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DP4245 | Easy Targets and the Timing of Conflict
Author(s)
Helmut Bester
Kai A. Konrad
Publication Date
23/02/2004
JEL Code(s)
B31, D74, H77
Keyword(s)
Timing of conflict, war, Easy targets
Programme Area(s)
Public Economics
Network(s)
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Abstract
Contestants have to choose whether to initiate a contest or war, or whether to remain peaceful for another period. We find that agents wait and initiate the contest once their rival is sufficiently weak to be an easy target.