War and Peace - Cyclical Phenomena?
AbstractThis paper demonstrates how the analysis can differ dramatically between two common modeling approaches to conflict. The first approach uses a one-period setup and associates positive investments in arms with conflict, see, for example, Skaperdas. The second approach has two periods, where arming decisions are taken in the first period, and the decision on wheter to go to war is taken separately in the second, see, for example, Brito and Intriligator . The second approach is then used to suggest a new possible explanation for the outbreak of war by showing how myopic players may end up in (Edgeworth) cycles of war and peace.
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Bibliographic InfoPaper provided by Stockholm University, Department of Economics in its series Research Papers in Economics with number 2005:8.
Length: 17 pages
Date of creation: 30 Sep 2005
Date of revision:
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Postal: Department of Economics, Stockholm, S-106 91 Stockholm, Sweden
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Armed conflict; Edgeworth cycles;
Other versions of this item:
- C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
- D74 - Microeconomics - - Analysis of Collective Decision-Making - - - Conflict; Conflict Resolution; Alliances
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