Economics of intolerance and social conflict
DOI:
https://doi.org/10.15355/epsj.4.2.23Keywords:
Intolerance, social conflict, game theoryAbstract
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.References
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