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Aspects of Peace Economics

Author

Listed:
  • Dacey Raymond

    (University of Idaho, rdacey@uidaho.edu)

  • Carlson Lisa J

    (University of Idaho, lcarl@uidaho.edu)

Abstract

The Economics of Peace can be modeled as a basic multi-game system composed of economic games played between and among firms and consumers in each of two nations, domestic pressure games played by firms, consumers, and the government within each nation, and political games played between the governments of the two nations. The integrated study of the basic system is given in the account of two-level games (Putnam, 1988). The details of these games were sketched in Dacey (1994, 1996-a) and are updated here via the results obtained in the assassin models presented in Carlson and Dacey (2009, forthcoming). While the field has made numerous advances in the last sixteen years, the conclusion of Dacey (1994) still holds — Peace Economics, as initially characterized by Isard (1994) and Polachek (1994), consists in the resolution of conflicts arising in the multi-game system. Since the games are played rationally, the tools of Peace Economics are the tools of the general theory of rational choice.

Suggested Citation

  • Dacey Raymond & Carlson Lisa J, 2011. "Aspects of Peace Economics," Peace Economics, Peace Science, and Public Policy, De Gruyter, vol. 16(2), pages 1-8, January.
    • Handle: RePEc:bpj:pepspp:v:16:y:2011:i:2:n:3
    DOI: 10.2202/1554-8597.1210
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    References listed on IDEAS

    as
    1. Lisa J. Carlson & Raymond Dacey, 2009. "The assassin and the donor as third players in the traditional deterrence game," Economics of Peace and Security Journal, EPS Publishing, vol. 4(2), pages 15-22, July.
    2. Putnam, Robert D., 1988. "Diplomacy and domestic politics: the logic of two-level games," International Organization, Cambridge University Press, vol. 42(3), pages 427-460, July.
    3. Stephen E. Gent, 2009. "Scapegoating Strategically: Reselection, Strategic Interaction, and the Diversionary Theory of War," International Interactions, Taylor & Francis Journals, vol. 35(1), pages 1-29, March.
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