When to Confront: The Role of Patience
研究了耐心如何影响离婚、价格战和商业诉讼等普通冲突，发现耐心可能导致立即对抗这一最无效率的结果，原因是先发制人剥夺了对手的选择价值。
This paper examines the effects of patience on ordinary conflicts such as divorce, price wars, and commercial litigation. Players optimally decide when, if ever, to start a destructive confrontation. In the unique equilibrium, there is a tight connection between patience, aggressiveness, and strength. In particular, patience may lead to immediate confrontation (the most inefficient outcome). This inefficiency is caused by preemptive moves that deny option values to the opponent.