Kai A. Konrad, Florian Morath
PSN: Game Theory (Topic)
This paper considers evolutionarily stable decisions about whether to initiate violent confl‡ict rather than accepting a peaceful sharing outcome. Focusing on small sets of players such as countries in a geographically con…fined area, we use Schaffer'’s (1988) concept of evolutionary stability. We …find that players' ’evolutionarily stable preferences widen the range of peaceful resource allocations that are rejected in favor of violent con‡flict, compared to the Nash equilibrium outcomes. Relative advantages in …fighting strength are re‡flected in the equilibrium set of peaceful resource allocations.