War and Peace - Cyclical Phenomena?
This paper demonstrates how the analysis can differ dramatically between two common modeling approaches to conflict. The first approach uses a one-period setup and associates positive investments in arms with conflict, see, for example, Skaperdas. The second approach has two periods, where arming decisions are taken in the first period, and the decision on wheter to go to war is taken separately in the second, see, for example, Brito and Intriligator . The second approach is then used to suggest a new possible explanation for the outbreak of war by showing how myopic players may end up in (Edgeworth) cycles of war and peace.
|Date of creation:||30 Sep 2005|
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- Rafael Reuveny & John W. Maxwell, . "Conflict and Renewable Resources," Working Papers 2004-26, Indiana University, Kelley School of Business, Department of Business Economics and Public Policy.
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Harvard Institute of Economic Research Working Papers
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- Maxwell, John W. & Reuveny, Rafael, 2005.
Journal of Economic Behavior & Organization,
Elsevier, vol. 58(1), pages 30-52, September.
- Grossman, Herschel I, 1991. "A General Equilibrium Model of Insurrections," American Economic Review, American Economic Association, vol. 81(4), pages 912-21, September.
- repec:cup:cbooks:9780521560634 is not listed on IDEAS
- Hirshleifer, Jack, 1995. "Anarchy and Its Breakdown," Journal of Political Economy, University of Chicago Press, vol. 103(1), pages 26-52, February.
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