Defensive Weapons and Star Wars: A Supergame with Optimal Punishments
AbstractWe model the perspective faced by nuclear powers involved in a supergame where nuclear deterrence is used to stabilise peace. This setting allows us to investigate the bearings of defensive weapons on the effectiveness of deterrence and peace stability, relying on one-shot optimal punishments. We find that the sustainability of peace is unaffected by defensive shields if both countries have them, while a unilateral endowment of such weapons has destabilising consequences.
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Bibliographic InfoPaper provided by Dipartimento Scienze Economiche, Universita' di Bologna in its series Working Papers with number wp739.
Date of creation: Mar 2011
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- Giampiero Giacomello & Luca Lambertini, 2013. "Defensive Weapons and Star Wars: A Supergame with Optimal Punishments," Working Paper Series 57_13, The Rimini Centre for Economic Analysis.
- C73 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Stochastic and Dynamic Games; Evolutionary Games
- F51 - International Economics - - International Relations, National Security, and International Political Economy - - - International Conflicts; Negotiations; Sanctions
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