Appelbaum, Elie - Department of Economics, York University - 2006
This paper studies the strategic role of extremism within a two-country multi-stage game and shows that, in general, an … equilibrium exists in which extremism is used by both rivals. We show that often changes in the environment affect the two … countries differently. Specifically, as a country becomes wealthier, more powerful, or more democratic, its level of extremism …