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Conflict and Settlement

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The World of Economics

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Abstract

All living beings are competitors for the means of existence. Competition takes the more intense form we call conflict when contenders seek to disable or destroy opponents, or even convert them into a supply of resources. Conflict need not always be violent; we speak, for example, of industrial conflicts (strikes and lockouts) and legal conflicts (law suits). But physical struggle is a relevant metaphor for these ordinarily non-violent contests.

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Authors

Editor information

John Eatwell Murray Milgate Peter Newman

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© 1991 Palgrave Macmillan, a division of Macmillan Publishers Limited

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Hirshleifer, J. (1991). Conflict and Settlement. In: Eatwell, J., Milgate, M., Newman, P. (eds) The World of Economics. The New Palgrave. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-21315-3_16

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