Research Papers in Economics, Department of Economics, Stockholm University
War and Peace - Cyclical Phenomena?
Abstract: 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
Keywords: Armed conflict; Edgeworth cycles; (follow links to similar papers)
JEL-Codes: C72; D74; (follow links to similar papers)
17 pages, September 30, 2005
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