our theory. We show that a key parameter determining the incentives for war is the elasticity of demand. Our first result …We develop a dynamic theory of resource wars and study the conditions under which such wars can be prevented. The … military action. In the case of inelastic resource demand, war incentives increase over time and war may become inevitable. Our …

our theory. We show that a key parameter determining the incentives for war is the elasticity of demand. Our first result …We develop a dynamic theory of resource wars and study the conditions under which such wars can be prevented. The … military action. In the case of inelastic resource demand, war incentives increase over time and war may become inevitable. Our …

We develop a dynamic theory of resource wars and study the conditions under which such wars can be prevented. Our focus …. We show that a key parameter determining the incentives for war is the elasticity of demand. Our first result identifies … military action. In the case of inelastic resource demand, war incentives increase over time and war may become inevitable. Our …

our theory. We show that a key parameter determining the incentives for war is the elasticity of demand. Our first result …We develop a dynamic theory of resource wars and study the conditions under which such wars can be prevented. The … military action. In the case of inelastic resource demand, war incentives increase over time and war may become inevitable. Our …