Konyukhovskiy, Pavel V.; Grigoriadis, Theocharis - 2018
, but are less costly and render them more immune to exogenous shocks. We start with the modeling of a direct war with two … war where the proposed equilibria are realizable, but not always sustainable in the long run. The consolidation level of … the double principal-agent relationship predicts the continuation of conflict and thus the emergence of peace. …