Featured Research

from universities, journals, and other organizations

How To Win By Concession And Avoid Unproductive Conflict

Date:
October 19, 2009
Source:
Wiley-Blackwell
Summary:
A new study explores the question: "If we can make a deal, why fight?" The authors conclude that a combination of common knowledge and a common rate of time preference allow a potential loser to use small concessions to successfully appease an expected winner.

A new study published in Economic Inquiry explores the question: "If we can make a deal, why fight?" The authors conclude that a combination of common knowledge and a common rate of time preference allow a potential loser to use small concessions to successfully appease an expected winner. Given the right conditions, small negotiated concessions can work, but in situations where clear and specific inequities exist, appeasement can be a dangerous thing.

Related Articles


In their study, insights from the late, great American economist Jack Hirschleifer are intertwined into a piece by colleagues Michele Boldrin and David Levine to offer a fresh look at some fundamental questions of conflict resolution.

This piece examines the dynamics of conflict and the problem of time consistency. If a potential loser agrees to a concession, what guarantees are there that more demands are not then made? The article offers a rigorous proof of their theorem that "in the baseline case of common beliefs and identical time preferences, if the size of indivisibility is sufficiently small, conflict can always be avoided by a series of small concessions, with both parties recognizing that there will be additional concessions in the future."

Conflict is only avoidable when both parties agree that peace is preferable, but the degree to which a perceived winner is more impatient than a likely loser appears to be a key factor in the inevitability of conflict. The presence of indivisibilities in the allocation of resources or in the making of concessions can also impede the likelihood of harmonious outcomes.

The authors find that appeasement can be a good plan. When choice is possible, trade should be chosen over conflict. Hirschleifer states, "Warfare, even if there were not too much in the way of battle damage or even opportunity cost, would still not lead to a mutually desired reshuffling of the social totals."


Story Source:

The above story is based on materials provided by Wiley-Blackwell. Note: Materials may be edited for content and length.


Journal Reference:

  1. Jack Hirshleifer, Michele Boldrin, David K. Levine. The Slippery Slope Of Concession. Economic Inquiry, Volume 47 Issue 2 , Pages 197 - 393 (April 2009) DOI: 10.1111/j.1465-7295.2008.00154.x

Cite This Page:

Wiley-Blackwell. "How To Win By Concession And Avoid Unproductive Conflict." ScienceDaily. ScienceDaily, 19 October 2009. <www.sciencedaily.com/releases/2009/10/091013162750.htm>.
Wiley-Blackwell. (2009, October 19). How To Win By Concession And Avoid Unproductive Conflict. ScienceDaily. Retrieved November 28, 2014 from www.sciencedaily.com/releases/2009/10/091013162750.htm
Wiley-Blackwell. "How To Win By Concession And Avoid Unproductive Conflict." ScienceDaily. www.sciencedaily.com/releases/2009/10/091013162750.htm (accessed November 28, 2014).

Share This


More From ScienceDaily



More Science & Society News

Friday, November 28, 2014

Featured Research

from universities, journals, and other organizations


Featured Videos

from AP, Reuters, AFP, and other news services

Police Swoop on 80 Airports in Global Ticket Fraud Crackdown

Police Swoop on 80 Airports in Global Ticket Fraud Crackdown

AFP (Nov. 28, 2014) Police have arrested 118 people in an unprecedented globally-coordinated swoop on plane ticket credit card fraud, a billion-dollar organised crime industry, officials said Friday. Duration: 01:03 Video provided by AFP
Powered by NewsLook.com
Ebola Leaves Orphans Alone in Sierra Leone

Ebola Leaves Orphans Alone in Sierra Leone

AFP (Nov. 27, 2014) The Ebola epidemic sweeping Sierra Leone is having a profound effect on the country's children, many of whom have been left without any family members to support them. Duration: 01:02 Video provided by AFP
Powered by NewsLook.com
EU Pushes Google For Worldwide Right To Be Forgotten

EU Pushes Google For Worldwide Right To Be Forgotten

Newsy (Nov. 27, 2014) Privacy regulators recommend Google expand its requested removals to apply to all its web domains. Video provided by Newsy
Powered by NewsLook.com
Who Will Failed Nuclear Talks Hurt Most?

Who Will Failed Nuclear Talks Hurt Most?

Reuters - Business Video Online (Nov. 25, 2014) With no immediate prospect of sanctions relief for Iran, and no solid progress in negotiations with the West over the country's nuclear programme, Ciara Lee asks why talks have still not produced results and what a resolution would mean for both parties. Video provided by Reuters
Powered by NewsLook.com

Search ScienceDaily

Number of stories in archives: 140,361

Find with keyword(s):
Enter a keyword or phrase to search ScienceDaily for related topics and research stories.

Save/Print:
Share:

Breaking News:

Strange & Offbeat Stories


Science & Society

Business & Industry

Education & Learning

In Other News

... from NewsDaily.com

Science News

Health News

Environment News

Technology News



Save/Print:
Share:

Free Subscriptions


Get the latest science news with ScienceDaily's free email newsletters, updated daily and weekly. Or view hourly updated newsfeeds in your RSS reader:

Get Social & Mobile


Keep up to date with the latest news from ScienceDaily via social networks and mobile apps:

Have Feedback?


Tell us what you think of ScienceDaily -- we welcome both positive and negative comments. Have any problems using the site? Questions?
Mobile: iPhone Android Web
Follow: Facebook Twitter Google+
Subscribe: RSS Feeds Email Newsletters
Latest Headlines Health & Medicine Mind & Brain Space & Time Matter & Energy Computers & Math Plants & Animals Earth & Climate Fossils & Ruins