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A sheriff, two bullets and three problems

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Author Info
Mike Felgenhauer ()
Abstract

This paper analyzes deterrence in international conflicts. Assume a strong country has several opponents and faces a military capacity constraint, which is not exhausted after just one war. Two main effects are at work. If the strong country is constrained, then reputation is more expensive and may occur less often. The problem is that the opponents may (but need not) be more aggressive compared to a world without a constraint. It may be that an “axis of evil” does not exist before a war occurs, but is implicitly formed even by moderate countries after the first war was waged. A point of interest is whether the constrained strong country should obtain additional capacity, given that the objective is to minimize the number of wars. The analysis sheds some new light on the U.S. foreign policy, the United Nations and the “axis of evil” Copyright Springer Science+Business Media, LLC 2007

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File URL: http://hdl.handle.net/10.1007/s11127-006-9091-3
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Publisher Info
Article provided by Springer in its journal Public Choice.

Volume (Year): 130 (2007)
Issue (Month): 3 (March)
Pages: 347-362
Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Handle: RePEc:kap:pubcho:v:130:y:2007:i:3:p:347-362

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Web page: http://www.springerlink.com/link.asp?id=100332

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Related research
Keywords: War; Auction; Reputation; Deterrence; Capacity constraint;

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Darren Filson & Suzanne Werner, . "A Bargaining Model of War and Peace: Anticipating the Onset, Duration, and Outcome of War," Claremont Colleges Working Papers 2001-02, Claremont Colleges. [Downloadable!]
  2. Kreps, David M. & Wilson, Robert, 1982. "Reputation and imperfect information," Journal of Economic Theory, Elsevier, vol. 27(2), pages 253-279, August. [Downloadable!] (restricted)
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  3. Todd Sandler, 2005. "Collective versus unilateral responses to terrorism," Public Choice, Springer, vol. 124(1), pages 75-93, July. [Downloadable!] (restricted)
  4. Garfinkel, Michelle R, 1990. "Arming as a Strategic Investment in a Cooperative Equilibrium," American Economic Review, American Economic Association, vol. 80(1), pages 50-68, March. [Downloadable!] (restricted)
  5. Diehl, Paul F. & Reifschneider, Jennifer & Hensel, Paul R., 1996. "United Nations intervention and recurring conflict," International Organization, Cambridge University Press, vol. 50(04), pages 683-700, September. [Downloadable!]
  6. Intriligator, Michael D, 1975. "Strategic Considerations in the Richardson Model of Arms Races," Journal of Political Economy, University of Chicago Press, vol. 83(2), pages 339-53, April. [Downloadable!] (restricted)
  7. Hirshleifer, Jack, 1991. "The Technology of Conflict as an Economic Activity," American Economic Review, American Economic Association, vol. 81(2), pages 130-34, May. [Downloadable!] (restricted)
  8. Diehl, Paul F & Reifschneider, Jennifer & Hensel, Paul R, 1996. "United Nations Intervention and Recurring Conflict," International Organization, MIT Press, vol. 50(4), pages 683-700, Autumn.
  9. Garfinkel, Michelle R, 1994. "Domestic Politics and International Conflict," American Economic Review, American Economic Association, vol. 84(5), pages 1294-1309, December. [Downloadable!] (restricted)
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