| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5072179 | Games and Economic Behavior | 2012 | 15 Pages |
Abstract
⺠We study a model of war with incomplete information about resources. ⺠Each country simultaneously allocates its resources between production and warfare. ⺠The country with the stronger military wins and receives aggregate production. ⺠Equilibrium depends on expectations as well as comparative and absolute advantages. ⺠Our model has further desirable features that are absent in standard models of war.
Related Topics
Social Sciences and Humanities
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Economics and Econometrics
Authors
Roland Hodler, Hadi YektaÅ,