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The Social Benefit of War

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Academic year: 2020

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Figure

Figure 1: a1(·) contingent on d2 for various allocations of the resource (T S2 )
Figure 2 shows the investment in arms and the allocation of arms for appropriation ˜
Figure 2: e∗, d∗ and a∗ contingent on θ for χ = 1
Figure 3: The level of security of property rights (φii∗) contingent on θ for χ = 1
+2

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