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Dispute Resolution Institutions and Strategic Militarization

Author

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  • Adam Meirowitz
  • Massimo Morelli
  • Kristopher W. Ramsay
  • Francesco Squintani

Abstract

Engagement in a destructive war can be understood as the “punishment” for entering into a dispute. Institutions that reduce the chance that disputes lead to war make this punishment less severe. This may incentivize hawkish policies like militarization and potentially offset the benefits of peace brokering. We study a model in which unmediated peace talks are effective at improving the peace chance for given militarization but lead to more militarization and ultimately to a higher incidence of war. Instead, a form of third-party mediation inspired by work of Myerson effectively brokers peace in emerged disputes and also minimizes equilibrium militarization.

Suggested Citation

  • Adam Meirowitz & Massimo Morelli & Kristopher W. Ramsay & Francesco Squintani, 2019. "Dispute Resolution Institutions and Strategic Militarization," Journal of Political Economy, University of Chicago Press, vol. 127(1), pages 378-418.
  • Handle: RePEc:ucp:jpolec:doi:10.1086/700761
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    File URL: http://dx.doi.org/10.1086/700761
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    1. repec:wly:amposc:v:53:y:2009:i:3:p:588-602 is not listed on IDEAS
    2. Jacob Bercovitch & J. Theodore Anagnoson & Donnette L. Wille, 1991. "Some Conceptual Issues and Empirical Trends in the Study of Successful Mediation in International Relations," Journal of Peace Research, Peace Research Institute Oslo, vol. 28(1), pages 7-17, February.
    3. Garfinkel, Michelle R, 1990. "Arming as a Strategic Investment in a Cooperative Equilibrium," American Economic Review, American Economic Association, vol. 80(1), pages 50-68, March.
    4. Garfinkel,Michelle R. & Skaperdas,Stergios (ed.), 1996. "The Political Economy of Conflict and Appropriation," Cambridge Books, Cambridge University Press, number 9780521560634, June.
    5. repec:cup:apsrev:v:92:y:1998:i:03:p:623-638_21 is not listed on IDEAS
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    Cited by:

    1. Andrea Canidio & Joan-Maria Esteban, 2018. "Benevolent Mediation in the Shadow of Conflict," Working Papers 1027, Barcelona Graduate School of Economics.

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