摘要：In a contest with positional dynamics between an incumbent and a challenger i)
inequality of power may magnify conflicts, ii) more severe conflicts can go together
with lower turnover of incumbents, and iii) power can be self defeating as cost advantages
can reduce pay-offs. These three propositions of our paper are contrary to
the implications of static conflict models. They follow from incorporating positional
dynamics into the standard static approach. Such positional dynamics are relevant
for competition in battlefields, politics, and market places.
关键词：Contests - political stability - war - incumbency advantage
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