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Cover of: Wars of Conquest and Independence
Roland Hodler, Hadi Yektaş, Magnus Hoffmann, Friedhelm Hentschel

Wars of Conquest and Independence

Section: Articles
Volume 175 (2019) / Issue 4, pp. 617-640 (24)
Published 22.07.2019
DOI 10.1628/jite-2019-0037
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  • 10.1628/jite-2019-0037
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.