IDEAS home Printed from https://ideas.repec.org/p/zbw/rwirep/453.html
   My bibliography  Save this paper

Democratic Peace – A Principal-Agent Approach

Author

Listed:
  • Leonhardt, Nadine

Abstract

The present paper explicitly models the principal-agent relationship between a democratic population and its elected representative within a standard war bargaining setup. I find that the specific structure of this relationship and the problems resulting from it help overcome information asymmetries in crisis bargaining. This provides an alternative theoretic explanation of democracies‘ signaling advantage which may turn out to be more realistic than the concept of audience costs.

Suggested Citation

  • Leonhardt, Nadine, 2013. "Democratic Peace – A Principal-Agent Approach," Ruhr Economic Papers 453, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
    • Handle: RePEc:zbw:rwirep:453
    DOI: 10.4419/86788511
    as

    Download full text from publisher

    File URL: https://www.econstor.eu/bitstream/10419/88745/1/775198641.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.4419/86788511?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Weeks, Jessica L., 2008. "Autocratic Audience Costs: Regime Type and Signaling Resolve," International Organization, Cambridge University Press, vol. 62(1), pages 35-64, January.
    2. Schultz, Kenneth A., 1999. "Do Democratic Institutions Constrain or Inform? Contrasting Two Institutional Perspectives on Democracy and War," International Organization, Cambridge University Press, vol. 53(2), pages 233-266, April.
    3. Rosato, Sebastian, 2003. "The Flawed Logic of Democratic Peace Theory," American Political Science Review, Cambridge University Press, vol. 97(4), pages 585-602, November.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Randall J. Blimes, 2011. "International Conflict and Leadership Tenure," Chapters, in: Christopher J. Coyne & Rachel L. Mathers (ed.), The Handbook on the Political Economy of War, chapter 16, Edward Elgar Publishing.
    2. Xinyuan Dai, 2006. "The Conditional Nature of Democratic Compliance," Journal of Conflict Resolution, Peace Science Society (International), vol. 50(5), pages 690-713, October.
    3. Matthew Hauenstein, 2020. "The conditional effect of audiences on credibility," Journal of Peace Research, Peace Research Institute Oslo, vol. 57(3), pages 422-436, May.
    4. repec:zbw:rwirep:0453 is not listed on IDEAS
    5. Wagner, Wolfgang, 2007. "Problems of Democratic Control in European Security and Defense Politics – a View from Peace and Conflict Research," Institute of European Studies, Working Paper Series qt65b9q82m, Institute of European Studies, UC Berkeley.
    6. Gary Uzonyi & Matthew Wells, 2016. "Domestic institutions, leader tenure and the duration of civil war," Conflict Management and Peace Science, Peace Science Society (International), vol. 33(3), pages 294-310, July.
    7. Nadine Leonhardt, 2013. "Democratic Peace – A Principal-Agent Approach," Ruhr Economic Papers 0453, Rheinisch-Westfälisches Institut für Wirtschaftsforschung, Ruhr-Universität Bochum, Universität Dortmund, Universität Duisburg-Essen.
    8. Sebastian Rosato, 2011. "On the Democratic Peace," Chapters, in: Christopher J. Coyne & Rachel L. Mathers (ed.), The Handbook on the Political Economy of War, chapter 15, Edward Elgar Publishing.
    9. Seiki Tanaka, 2016. "The microfoundations of territorial disputes: Evidence from a survey experiment in Japan," Conflict Management and Peace Science, Peace Science Society (International), vol. 33(5), pages 516-538, November.
    10. Sambuddha Ghatak & Aaron Gold & Brandon C Prins, 2017. "External threat and the limits of democratic pacifism," Conflict Management and Peace Science, Peace Science Society (International), vol. 34(2), pages 141-159, March.
    11. Mark Harrison & Nikolaus Wolf, 2014. "The Frequency of Wars," World Scientific Book Chapters, in: THE ECONOMICS OF COERCION AND CONFLICT, chapter 5, pages 121-149, World Scientific Publishing Co. Pte. Ltd..
    12. Jacob Ausderan, 2018. "Reassessing the democratic advantage in interstate wars using k-adic datasets," Conflict Management and Peace Science, Peace Science Society (International), vol. 35(5), pages 451-473, September.
    13. Brandt, Patrick T. & George, Justin & Sandler, Todd, 2016. "Why concessions should not be made to terrorist kidnappers," European Journal of Political Economy, Elsevier, vol. 44(C), pages 41-52.
    14. Joseph Wright, 2009. "How Foreign Aid Can Foster Democratization in Authoritarian Regimes," American Journal of Political Science, John Wiley & Sons, vol. 53(3), pages 552-571, July.
    15. Matthew Wilson & Carla Martinez Machain, 2018. "Militarism and Dual-Conflict Capacity," International Interactions, Taylor & Francis Journals, vol. 44(1), pages 156-172, January.
    16. Philip B. K. Potter, 2007. "Does Experience Matter?," Journal of Conflict Resolution, Peace Science Society (International), vol. 51(3), pages 351-378, June.
    17. Xiaojun Li & Dingding Chen, 2021. "Public opinion, international reputation, and audience costs in an authoritarian regime," Conflict Management and Peace Science, Peace Science Society (International), vol. 38(5), pages 543-560, September.
    18. Li, Yuan & Gilli, Mario, 2014. "Accountability in Autocracies: The Role of Revolution Threat," Stockholm School of Economics Asia Working Paper Series 2014-30, Stockholm School of Economics, Stockholm China Economic Research Institute, revised 06 Mar 2014.
    19. Casey Crisman-Cox, 2022. "Democracy, reputation for resolve, and civil conflict," Journal of Peace Research, Peace Research Institute Oslo, vol. 59(3), pages 382-394, May.
    20. Kimberly R Frugé, 2019. "Repressive agent defections: How power, costs, and uncertainty influence military behavior and state repression," Conflict Management and Peace Science, Peace Science Society (International), vol. 36(6), pages 591-607, November.
    21. Lingyu Lu & Cameron G. Thies, 2010. "Trade Interdependence and the Issues at Stake in the Onset of Militarized Conflict," Conflict Management and Peace Science, Peace Science Society (International), vol. 27(4), pages 347-368, September.

    More about this item

    Keywords

    democratic peace; principal-agent problems; crisis bargaining;
    All these keywords.

    JEL classification:

    • C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory
    • D74 - Microeconomics - - Analysis of Collective Decision-Making - - - Conflict; Conflict Resolution; Alliances; Revolutions
    • J52 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - Dispute Resolution: Strikes, Arbitration, and Mediation

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:zbw:rwirep:453. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ZBW - Leibniz Information Centre for Economics (email available below). General contact details of provider: https://edirc.repec.org/data/rwiesde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.