The New Palgrave Dictionary of Economics

2018 Edition
| Editors: Macmillan Publishers Ltd

Conflict and Settlement

  • Jack Hirshleifer
Reference work entry
DOI: https://doi.org/10.1057/978-1-349-95189-5_203

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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Copyright information

© Macmillan Publishers Ltd. 2018

Authors and Affiliations

  • Jack Hirshleifer
    • 1
  1. 1.