TY - JOUR PY - 2002// TI - Battlefields and marketplaces JO - Defence and peace economics A1 - Mehlum, Halvor A1 - Moene, Karl SP - 485 EP - 496 VL - 13 IS - 6 N2 - Divided societies in the developing world experience wasteful struggles for power. We study the relationship between political stability and resources wasted in the struggle within a model of competitive power contests. The model of power contests is similar in structure to models describing oligopolistic market competition. This analogy helps us in deriving results that are new to the conflict literature. We show, for example, that the Herfindahl-Hirschman index can be interpreted as a measure of power concentration and that a peace treaty between fighting groups has a parallel in tacit collusion between firms in a market.

LA - SN - 1024-2694 UR - http://dx.doi.org/10.1080/10242690214334 ID - ref1 ER -