Wars of Conquest and Independence - 10.1628/jite-2019-0037 - Mohr Siebeck
Economics

Hadi Yektaş, Magnus Hoffmann, Friedhelm Hentschel, Roland Hodler

Wars of Conquest and Independence

Volume 175 () / Issue 4, pp. 617-640 (24)
Published 22.07.2019

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Wars of conquest and wars of independence are characterized by an asymme-try in the payoff structure: The production of one party constitutes the winner's prize, while the other party's production is not contested. We present and solve a model of warfare that nests this asymmetric payoff structure as well as the standard symmetric payoff structure. We find that both parties choose lower fighting efforts in asymmetric wars, but that the difference is smaller for the party whose production constitutes the prize. We further show that this party prefers fightingan asymmetric war if its resource endowment is relatively large.
Authors/Editors

Hadi Yektaş No current data available.

Magnus Hoffmann No current data available.

Friedhelm Hentschel No current data available.

Roland Hodler No current data available.