How to win by concession and avoid unproductive conflict
Eurekalert (Free subscription) | 10/13/2009
... the late, great American economist Jack Hirschleifer are intertwined into a piece by colleagues Michele Boldrin and David Levine to offer a fresh look at some fundamental questions of conflict resolution. This piece examines the dynamics of conflict and the problem of time consistency. If a potential loser agrees to a concession, what guarantees are there that more demands are not...
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