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, "undated". "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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- Hirshleifer, Jack, 1995. "Anarchy and Its Breakdown," Journal of Political Economy, University of Chicago Press, vol. 103(1), pages 26-52, February.
- Jack Hirshleifer, 1992. "Anarchy and Its Breakdown," UCLA Economics Working Papers 674, UCLA Department of Economics.
- Maxwell, John W. & Reuveny, Rafael, 2005. "Continuing conflict," Journal of Economic Behavior & Organization, Elsevier, vol. 58(1), pages 30-52, September.
- John W. Maxwell & Rafael Reuveny, 2004. "Continuing Conflict," Working Papers 2004-27, Indiana University, Kelley School of Business, Department of Business Economics and Public Policy.
- Grossman, Herschel I, 1991. "A General Equilibrium Model of Insurrections," American Economic Review, American Economic Association, vol. 81(4), pages 912-921, September. Full references (including those not matched with items on IDEAS)
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