Clausewitz on Auctions

Arbeitspapier

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.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: WWZ Discussion Paper ; No. 2012/12

Classification and Topics

• Classification: Wirtschaft ; Conflict; Conflict Resolution; Alliances; Revolutions ; International Conflicts; Negotiations; Sanctions ; National Security and War
• Subject: Auction ; War ; Multi-Stage Contest ; Tug-of War ; Tullock Contest Success Function ; Microfoundation ; Krieg ; Rationalität ; Auktionstheorie ; Theorie

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Häfner, Samuel
• Event: Veröffentlichung
• (who): University of Basel, Center of Business and Economics (WWZ)
• (where): Basel
• (when): 2012

Further information

• DOI: doi:10.5451/unibas-ep61601
• Handle: http://hdl.handle.net/10419/123437
• Last update: 10.03.2025, 11:43 AM CET