Journal article
Plunder and tribute in a Malthusian world
Abstract
We develop a dynamic game between an attacker and a defender country to investigate the effects of persistent war on the growth of nations in a Malthusian regime, under costly plunder and defense. We compute the stage-wise feedback Stackelberg equilibrium of the game, which depends on the relative military efficiency of defense and the time horizons of the sovereigns. Then, we compare this equilibrium to the one when the defender country can …
Authors
Chan KS; Laffargue J-P
Journal
Mathematical Social Sciences, Vol. 84, , pp. 138–150
Publisher
Elsevier
Publication Date
November 2016
DOI
10.1016/j.mathsocsci.2016.10.005
ISSN
0165-4896