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Enforcing Peace Agreements through Commitment Technologies

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  • Mansoob Murshed
  • Philip Verwimp

Abstract

This paper models the instability of peace agreements, motivated by the empirical regularity with which peace agreements tend to break down following civil war. When war provides opportunities for profit to one side, or when other difficulties such as historical grievances exist, peace may become incentive incompatible. The party that has something to gain from surprise warfare may agree to peace, but will later renege on it. It is shown that the levels of conflict chosen by this group are an increasing function of both grievance and greed, but decreasing in the direct costs of war.

Suggested Citation

  • Mansoob Murshed & Philip Verwimp, 2008. "Enforcing Peace Agreements through Commitment Technologies," WIDER Working Paper Series RP2008-45, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:rp2008-45
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    File URL: https://www.wider.unu.edu/sites/default/files/rp2008-45.pdf
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    References listed on IDEAS

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    1. Barro, Robert J. & Gordon, David B., 1983. "Rules, discretion and reputation in a model of monetary policy," Journal of Monetary Economics, Elsevier, vol. 12(1), pages 101-121.
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    3. Hart, Oliver, 1995. "Firms, Contracts, and Financial Structure," OUP Catalogue, Oxford University Press, number 9780198288817.
    4. Laffont,Jean-Jacques, 2005. "Regulation and Development," Cambridge Books, Cambridge University Press, number 9780521840187.
    5. Azam, Jean-Paul, 2005. "Can the Peace Be Imported?," IDEI Working Papers 356, Institut d'Économie Industrielle (IDEI), Toulouse.
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    Cited by:

    1. Cuesta, Jose, 2017. "Redistribution and military coups," International Journal of Development and Conflict, Gokhale Institute of Politics and Economics, vol. 7(1), pages 12-31.

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    Keywords

    Conflict management; Dispute resolution; Sanctions; War;
    All these keywords.

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