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Give peace a chance: the effect of incomplete and imperfect information on mediation

  • Luis C. Corchón
  • Anil Yildizparlak

In this paper we study mediation when two countries might fight a war over the ownership of a resource. Under complete information mediation is always successful, but a little bit of asymmetric information or some imperfect observability may render mediation impossible

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File URL: http://e-archivo.uc3m.es/bitstream/10016/11622/1/we1114.pdf
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Paper provided by Universidad Carlos III, Departamento de Economía in its series Economics Working Papers with number we1114.

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Date of creation: Jun 2011
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Handle: RePEc:cte:werepe:we1114
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  1. Skaperdas, Stergios & Syropoulos, Constantinos, 1996. "Can the shadow of the future harm cooperation?," Journal of Economic Behavior & Organization, Elsevier, vol. 29(3), pages 355-372, May.
  2. Ariel Rubinstein, 2010. "Perfect Equilibrium in a Bargaining Model," Levine's Working Paper Archive 252, David K. Levine.
  3. Carmen Beviá & Luis C. Corchón, 2008. "Peace Agreements Without Commitment," Working Papers 340, Barcelona Graduate School of Economics.
  4. Roger B. Myerson & Mark A. Satterthwaite, 1981. "Efficient Mechanisms for Bilateral Trading," Discussion Papers 469S, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
  5. Skaperdas, S. & Syropoulos, C., 2000. "Guns, Butter, and Openness: On The Relationship Between Security and Trade," Papers 00-01-23, California Irvine - School of Social Sciences.
  6. Jackson, Matthew O. & Morelli, Massimo, . "Political bias and war," Working Papers 1247, California Institute of Technology, Division of the Humanities and Social Sciences.
  7. Crawford, Vincent P & Sobel, Joel, 1982. "Strategic Information Transmission," Econometrica, Econometric Society, vol. 50(6), pages 1431-51, November.
  8. Farmer, Amy & Pecorino, Paul, 1999. " Legal Expenditure as a Rent-Seeking Game," Public Choice, Springer, vol. 100(3-4), pages 271-88, September.
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