Kai A. Konrad
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View article: Alliance Formation in Regional Space: Shifting the Battlefront Between Competing Hegemonial Powers
Alliance Formation in Regional Space: Shifting the Battlefront Between Competing Hegemonial Powers Open
Motivated by the history of military alliances during and after the Cold War, we study the sequential expansion of the hegemonial alliances of two great powers. Geography matters for the allocation of the collateral damage of a future mili…
View article: Multiple teams and the volunteer’s dilemma
Multiple teams and the volunteer’s dilemma Open
We study the volunteer’s dilemma if the set of possible volunteers is partitioned into small teams that can coordinate internally but not across teams. If coordination is costless, the aggregate equilibrium payoff is determined by the numb…
View article: Herausforderungen einer neuen Sicherheitslage für Deutschland – eine finanzwissenschaftliche Perspektive
Herausforderungen einer neuen Sicherheitslage für Deutschland – eine finanzwissenschaftliche Perspektive Open
This article addresses the challenges of the new security situation that Germany faces against the background of current geopolitical conflicts and the potential weakening of US security guarantees for Europe. The article counteracts the w…
View article: China’s public international investment: A strategic-trade-policy perspective
China’s public international investment: A strategic-trade-policy perspective Open
Initiatives such as the Belt and Road initiative reduce trade costs, increase export firms' profits and stimulate their activities in R&D contests. The resulting strategic-trade policy equilibria tend to be asymmetric. One country earns le…
View article: Dominance and technology war
Dominance and technology war Open
Three regimes of technology leadership are compared. Firstly, technological innovation in a unipolar world with one dominant country that can sell its technology to a set of small countries. Secondly, competition for leadership between two…
View article: The collective security dilemma of preemptive strikes
The collective security dilemma of preemptive strikes Open
Players who are targets of potential raids can sometimes preempt some of these raids and neutralize the raiders. These threatened players have different values to the attackers as raid targets, and they act independently of each other and …
View article: Collective Action and Intra-group Conflict with Fixed Budgets
Collective Action and Intra-group Conflict with Fixed Budgets Open
We study collective action under adverse incentives: each member of the group has a given budget (‘use-it-or-lose-it’) that is private information and can be used for contributions to make the group win a prize and for internal fights over…
View article: Elusive effects of export embargoes for fossil energy resources
Elusive effects of export embargoes for fossil energy resources Open
Unlike produced commodities, the extraction and sale of fossil energy resources such as oil or natural gas is an "asset swap": assets stored in the ground are converted into financial assets. The value of assets in the ground is reduced by…
View article: How to preempt attacks in multi-front conflict with limited resources
How to preempt attacks in multi-front conflict with limited resources Open
We study equilibrium in a multi-battle attack-and-defense game in which victory in each single battle is deterministically awarded to the player who expends more conflict resources in the respective battle. One player has a pre-determined …
View article: The better route to global tax coordination: Gradualism or multilateralism?
The better route to global tax coordination: Gradualism or multilateralism? Open
We compare the success probability of multilateral negotiations and sequential negotiations over international tax cooperation. To make this difference relevant, we introduce incomplete information as a friction that can lead to bargaining…
View article: Overzealous Rule Makers
Overzealous Rule Makers Open
Excessively tight and biased policy choices of rule makers can be explained as outcomes of competition among rule makers with overlapping competencies and diverging perceptions about the optimal framework. Rule makers who have extreme rath…
View article: Collective memories on the 2010 European debt crisis
Collective memories on the 2010 European debt crisis Open
We examine whether collective memories on the aid and reform programs chosen to handle the 2010 European debt crisis differ between citizens from borrower and lender countries. We use new international survey data for non-experts and exper…
View article: Pecunia non olet: on the self-selection into (dis)honest earning opportunities
Pecunia non olet: on the self-selection into (dis)honest earning opportunities Open
We study self-selection into earning money in an honest or dishonest fashion based on individuals’ attitudes toward truthful reporting. We propose a decision-theoretic framework where individuals’ willingness to pay for honest earnings is …