dc.contributor.author | Hausken, Kjell | |
dc.date.accessioned | 2013-11-29T10:00:16Z | |
dc.date.available | 2013-11-29T10:00:16Z | |
dc.date.issued | 2008-04 | |
dc.identifier.citation | Hausken, K. (2008) Exchange, raiding, and the shadow of the future. Defence and Peace Economics, 19(2), pp. 89-106 | no_NO |
dc.identifier.uri | http://hdl.handle.net/11250/184355 | |
dc.description | This is an electronic version of an article published in the Defence and Peace Economics © 2008 Taylor & Francis; Defence and Peace Economics is available online at www.tandfonline.com.-
http://www.tandfonline.com/doi/abs/10.1080/10242690701574480# | no_NO |
dc.description.abstract | A two-period exchange model is developed where production decisions in the first period determine the amount of
resources available in the second period. Each agent allocates resources to defend its production and attack the
production of the other agent. Production, conflict and exchange occur simultaneously in a dynamic model. This
extends earlier exchange models, which are static and preclude defense and appropriation. The agents jointly determine
price through their export decisions. Upon introducing exchange endogenously, raiding in the first relative to
the second period decreases with growth, appropriation cost, and when the future becomes more important, and
increases with defense cost, production cost, and usability of appropriation. Increasing the usability of appropriation
and defense cost causes a transition from pure exchange via joint exchange and raiding to pure raiding. This implies
that agents gradually substitute from defense to appropriation, they exchange less, and utility decreases. Utility
isoquants in a usability of appropriation versus discount factor diagram are concavely increasing for joint exchange
and raiding, and can be convexly decreasing for pure raiding. Cobb–Douglas utilities are assumed. The results are
confirmed with CES utilities. | no_NO |
dc.language.iso | eng | no_NO |
dc.publisher | Taylor & Francis | no_NO |
dc.subject | production | no_NO |
dc.subject | exchange | no_NO |
dc.subject | trade | no_NO |
dc.subject | appropriation | no_NO |
dc.subject | defense | no_NO |
dc.subject | mutual raiding | no_NO |
dc.subject | dynamics | no_NO |
dc.subject | attack | no_NO |
dc.subject | predation | no_NO |
dc.subject | discounting | no_NO |
dc.title | Exchange, raiding, and the shadow of the future | no_NO |
dc.type | Journal article | no_NO |
dc.type | Peer reviewed | no_NO |
dc.subject.nsi | VDP::Social science: 200 | no_NO |
dc.source.pagenumber | 89-106 | no_NO |
dc.source.volume | 19 | no_NO |
dc.source.journal | Defence and Peace Economics | no_NO |
dc.source.issue | 2 | no_NO |
dc.identifier.doi | 10.1080/10242690701574480 | |