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Clausewitz on Auctions

Authors: Häfner, Samuel;

Clausewitz on Auctions

Abstract

A multi-stage model on the course of war is presented: Individual battles are modeled as private value all-pay auctions with asymmetric combatants of two opposing teams. These auctions are placed within a multi-stage framework with a tug-of-war structure. Such framing provides a microfounded rationale for the use of the popular logit Tullock contest success function in models of militarized conflicts, yields new theoretical justification for existing empirical findings with respect to war, and provides new hypotheses regarding strategic battlefield behavior.

Country
Switzerland
Related Organizations
Keywords

Microfoundation, Rationalität, ddc:330, H56, Tug-of War, Auction, Auction, War, Multi-Stage Contest, Tug-of War, Tullock Contest Success Function, Microfoundation, Auktionstheorie, Multi-Stage Contest, War, Tullock Contest Success Function, D74, F51, Theorie, Krieg, jel: jel:D74, jel: jel:F51, jel: jel:H56

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
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