Self-Containment: Achieving Peace in Anarchic Settings
AbstractIn anarchic settings, the potential rivals are dragged in an arms race that can degenerate in an open war out of mutual suspicion. We propose a novel commitment device for contestants to avoid both arming and fighting. We allow the players to decentralize the two core decisions that determine whether peace or war ensues. While in centralized countries the decision makers are unable to credibly communicate to their foe their willingness not to arm and not to attack, where the two decisions are dissociated there exists scope for not arming with certainty, and hence overcoming the commitment problem that makes war otherwise inevitable. This mechanism complements existing theories on the Democratic Peace.
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Bibliographic InfoPaper provided by University of Namur, Department of Economics in its series Working Papers with number 1014.
Length: 20 pages
Date of creation: Dec 2010
Date of revision:
Conflict; Private Information; Democratic Peace;
Find related papers by JEL classification:
- D74 - Microeconomics - - Analysis of Collective Decision-Making - - - Conflict; Conflict Resolution; Alliances
- D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
- F5 - International Economics - - International Relations and International Political Economy
- H56 - Public Economics - - National Government Expenditures and Related Policies - - - National Security and War
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