Long, Iain W. ORCID: https://orcid.org/0000-0002-3607-4031 2015. Better feared than loved: reputations and the motives for conflict. Journal of Economic Behavior and Organization 114 , pp. 46-61. 10.1016/j.jebo.2015.03.016 |
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Official URL: http://dx.doi.org/10.1016/j.jebo.2015.03.016
Abstract
Throughout history, victory in conflict has created fearsome reputations. Victory thus ensures greater allegiance of the wider population, increasing the victor's rents at the expense of their enemy. Such reputational concerns create two motives for conflict. When only the outcome is informative, the less feared party may attack to show that they are tougher than expected. If the fact that conflict occurred at all also conveys information, the more feared party may attack. If they do not, the population view peace as a sign of weakness and switch loyalties anyway. In this case, conflict arises to save face.
Item Type: | Article |
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Date Type: | Publication |
Status: | Published |
Schools: | Business (Including Economics) |
Subjects: | H Social Sciences > HB Economic Theory |
Uncontrolled Keywords: | Reputations, conflict, information structures |
Publisher: | Elsevier |
ISSN: | 0167-2681 |
Date of First Compliant Deposit: | 30 March 2016 |
Date of Acceptance: | 27 March 2015 |
Last Modified: | 04 Dec 2024 08:30 |
URI: | https://orca.cardiff.ac.uk/id/eprint/72447 |
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