{"id":3467,"date":"2021-06-10T15:18:39","date_gmt":"2021-06-10T15:18:39","guid":{"rendered":"https:\/\/ecodef-ihedn.fr\/?p=3467"},"modified":"2021-06-10T15:18:41","modified_gmt":"2021-06-10T15:18:41","slug":"guerres-dusure-publication-dun-article-de-maxime-menuet-dans-la-revue-economic-inquiry","status":"publish","type":"post","link":"https:\/\/ecodef-ihedn.fr\/en\/guerres-dusure-publication-dun-article-de-maxime-menuet-dans-la-revue-economic-inquiry\/","title":{"rendered":"Wars of attrition: Publication of an article by Maxime Menuet in the journal Economic Inquiry"},"content":{"rendered":"<p class=\"wp-block-paragraph\"><strong>Maxime Menuet, a research associate at the Chair, has published an article in the journal Economic Inquiry on overconfident players in the theoretical framework of wars of attrition. <\/strong><\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"169\" src=\"https:\/\/ecodef-ihedn.fr\/wp-content\/uploads\/2021\/06\/ww1-2187095_1920-1-300x169.jpg\" alt=\"Maxime Menuet, chercheur associ\u00e9 \u00e0 la Chaire \u00c9conomie de d\u00e9fense publie un article dans la revue Economic Inquiry sur les causes et la dur\u00e9e des conflits dans un cadre th\u00e9orique de guerres d\u2019usure mettant en sc\u00e8ne des joueurs \u00ab trop confiants \u00bb (overconfidence).\" class=\"wp-image-3471\" srcset=\"https:\/\/ecodef-ihedn.fr\/wp-content\/uploads\/2021\/06\/ww1-2187095_1920-1-300x169.jpg 300w, https:\/\/ecodef-ihedn.fr\/wp-content\/uploads\/2021\/06\/ww1-2187095_1920-1-1024x576.jpg 1024w, https:\/\/ecodef-ihedn.fr\/wp-content\/uploads\/2021\/06\/ww1-2187095_1920-1-768x432.jpg 768w, https:\/\/ecodef-ihedn.fr\/wp-content\/uploads\/2021\/06\/ww1-2187095_1920-1-1536x864.jpg 1536w, https:\/\/ecodef-ihedn.fr\/wp-content\/uploads\/2021\/06\/ww1-2187095_1920-1-696x392.jpg 696w, https:\/\/ecodef-ihedn.fr\/wp-content\/uploads\/2021\/06\/ww1-2187095_1920-1-1392x783.jpg 1392w, https:\/\/ecodef-ihedn.fr\/wp-content\/uploads\/2021\/06\/ww1-2187095_1920-1-1068x601.jpg 1068w, https:\/\/ecodef-ihedn.fr\/wp-content\/uploads\/2021\/06\/ww1-2187095_1920-1-747x420.jpg 747w, https:\/\/ecodef-ihedn.fr\/wp-content\/uploads\/2021\/06\/ww1-2187095_1920-1-1493x840.jpg 1493w, https:\/\/ecodef-ihedn.fr\/wp-content\/uploads\/2021\/06\/ww1-2187095_1920-1.jpg 1920w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/figure><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Maxime Menuet<\/strong>, lecturer at the University of Orl\u00e9ans and <a href=\"https:\/\/ecodef-ihedn.fr\/en\/maxime-menuet-chercheur-associe-a-la-chaire-economie-de-defense-ihedn\/\" target=\"_blank\" rel=\"noreferrer noopener\">Associate Researcher at the Chair<\/a>, publishes an article in the magazine <em>Economic Inquiry, <\/em>entitled <em>\u201c<em><a href=\"https:\/\/onlinelibrary.wiley.com\/doi\/full\/10.1111\/ecin.13003\" target=\"_blank\" rel=\"noreferrer noopener\">Overconfidence and conflict<\/a><\/em>\u201d.<\/em> &nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This article studies <strong>the causes and duration of conflicts<\/strong> in a <strong>theoretical framework for wars of attrition<\/strong> featuring \u00aboverconfident\u00bb players (<em>overconfidence<\/em>).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A major result of the theoretical model developed is that <strong>overconfidence is neither necessary nor sufficient to cause conflict<\/strong>. Nevertheless, over-confident decision-makers are more likely to initiate conflict, and to remain active in conflict for longer.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This model helps to understand a multitude of conflict situations in the real world. In particular, it shows that (i) the degree of\u2019<strong>overconfidence <\/strong>and the <strong>duration of the conflict<\/strong> can have a <strong>inverted U-shaped relationship<\/strong>, and (ii) the <strong>result <\/strong>of the war of attrition can be <strong>in favour<\/strong> a <strong>weaker player, but overconfident<\/strong>.<\/p>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\"><strong><a href=\"https:\/\/onlinelibrary.wiley.com\/doi\/full\/10.1111\/ecin.13003\">&gt;&gt; read the article &lt;&lt;<\/a><\/strong><\/p>","protected":false},"excerpt":{"rendered":"<p>Maxime Menuet, chercheur associ\u00e9 \u00e0 la Chaire, a publi\u00e9 un article dans la revue Economic Inquiry sur les joueurs trop confiants dans le cadre th\u00e9orique de guerres d&rsquo;usure. Maxime Menuet, ma\u00eetre de conf\u00e9rences \u00e0 l\u2019Universit\u00e9 d\u2019Orl\u00e9ans et chercheur associ\u00e9 \u00e0 la Chaire, publie un article dans la revue Economic Inquiry, intitul\u00e9 \u201cOverconfidence and conflict\u201d. &nbsp; [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":3470,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34,350,352],"tags":[438,405,426,38,425,94],"class_list":["post-3467","post","type-post","status-publish","format-standard","has-post-thumbnail","category-activites","category-publications","category-thematique-2-determinants-et-impacts-de-la-depense-de-defense","tag-ecodef","tag-economie-de-guerre","tag-economie-des-conflits","tag-ihedn","tag-maxime-menuet","tag-publications-chaire-economie-de-defense"],"_links":{"self":[{"href":"https:\/\/ecodef-ihedn.fr\/en\/wp-json\/wp\/v2\/posts\/3467","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ecodef-ihedn.fr\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ecodef-ihedn.fr\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ecodef-ihedn.fr\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/ecodef-ihedn.fr\/en\/wp-json\/wp\/v2\/comments?post=3467"}],"version-history":[{"count":5,"href":"https:\/\/ecodef-ihedn.fr\/en\/wp-json\/wp\/v2\/posts\/3467\/revisions"}],"predecessor-version":[{"id":3478,"href":"https:\/\/ecodef-ihedn.fr\/en\/wp-json\/wp\/v2\/posts\/3467\/revisions\/3478"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ecodef-ihedn.fr\/en\/wp-json\/wp\/v2\/media\/3470"}],"wp:attachment":[{"href":"https:\/\/ecodef-ihedn.fr\/en\/wp-json\/wp\/v2\/media?parent=3467"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ecodef-ihedn.fr\/en\/wp-json\/wp\/v2\/categories?post=3467"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ecodef-ihedn.fr\/en\/wp-json\/wp\/v2\/tags?post=3467"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}