Economists for Peace and Security

The Economics of Peace and Security Journal

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A publication by Economists for Peace and Security

Economics of intolerance and social conflict
Partha Gangopadhyay

Vol 4, No 2 - Symposia on applied game theory and Southeast Asian maritime security, July 2009

An important consensus today is that intolerance and social conflict have a substantial economic dimension. This article models a person’s “returns” to acts of intolerance in terms of social approval or disapproval that this person’s peer-group may offer. It is found that high levels of intolerance may persist, that is, society is “in equilibrium,” even as this imposes economic costs. [Keywords: intolerance; social conflict; game theory. JEL code: D74]

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