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Conflict without Misperceptions or Incomplete Information: how the Future Matters

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  • Garfinkel, M.R.
  • Skaperdas, S.

Abstract

Conflict and war are typically viewed as the outcome of misperceptions, incomplete information, or even irrationality. We show that it can otherwise. Despite the short-run incentives to settle disputes peacefully , there can be long-term, compounding rewards to going to war when doing better relative to one's opponent today implies doing better tomorrow.

Suggested Citation

  • Garfinkel, M.R. & Skaperdas, S., 2000. "Conflict without Misperceptions or Incomplete Information: how the Future Matters," Papers 99-00-11, California Irvine - School of Social Sciences.
  • Handle: RePEc:fth:calirv:99-00-11
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    References listed on IDEAS

    as
    1. Helmut Bester & Karl Warneryd, "undated". "Conflict Resolution under Asymmetric Information," Papers 006, Departmental Working Papers.
    2. 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.
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    More about this item

    Keywords

    INFORMATION ; SOCIAL CHOICE;

    JEL classification:

    • D74 - Microeconomics - - Analysis of Collective Decision-Making - - - Conflict; Conflict Resolution; Alliances; Revolutions
    • D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design

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