Title: The Boulding-Richardson model revisited
Authors: Beckmann, Klaus Bertram 
Gattke, Susan 
Reimer, Lennart 
Affiliation: Volkswirtschaftslehre, insbesondere Public Economics
VWL, insb. Ökonomik des öffentlichen Sektors
Language: en
Subject (DDC): Wirtschaft
Subject: Conflict Dynamicy
Issue Date: 2015
Document Type: Working Paper
Journal / Series / Working Paper (HSU): Diskussionspapier / Helmut-Schmidt-Universität / Fächergruppe Volkswirtschaftslehre 
Issue: 159
Publisher: Helmut-Schmidt-Universität / Universität der Bundeswehr Hamburg
Publisher Place: Hamburg
Document Version: publishedVersion
We review, and extend, one of the classic dynamic models of conflict in economics by Richardson (1919) and Boulding (1962). It turns out that the stability properties of the model change if one takes a more realistic 'incrementalist' view, and that chance / friction can easily be incorporated into the standard model by defining a probability of (de-)escalation. This analysis is not just a study in the history of economic thought, but also relevant for the development of simulation models for the analysis of conflict dynamics.
Organization Units (connected with the publication): Fakultät für Wirtschafts- und Sozialwissenschaften 
DOI: http://hdl.handle.net/10419/146079
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