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We examine how countries' incentives to go to war depend on the "political bias" of their pivotal decision makers. This bias is measured by a decision maker’s risk/ reward ratio from a war compared to that of the country at large. If there is no political bias, then there are mutually...
Persistent link: https://www.econbiz.de/10005821313
By defining political economy and war in the broadest sense, this unique Handbook brings together a wide range of interdisciplinary scholars from economics, political science, sociology, and policy studies to address a multitude of important topics. These include an analysis of why wars begin,...
Persistent link: https://www.econbiz.de/10011176666
We study countries choosing armament levels and then whether or not to go to war. We show that if the costs of war are not overly high or low, then all equilibria must involve "dove," "hawk," and "deterrent" strategies and the probability of war is positive (but less than one) in any given...
Persistent link: https://www.econbiz.de/10005549168
Persistent link: https://www.econbiz.de/10005482031
We study countries choosing armament levels and then whether or not to go to war. We show that if the costs of war are not overly high or low, then all equilibria must involve dove, hawk, and deterrent strategies and the probability of war is positive (but less than one) in any given period....
Persistent link: https://www.econbiz.de/10010990824
Persistent link: https://www.econbiz.de/10003729854
Persistent link: https://www.econbiz.de/10003589377
We study countries choosing armament levels and then whether or not to go to war. We show that if the costs of war are not overly high or low, then all equilibria must involve "dove," "hawk," and "deterrent" strategies and the probability of war is positive (but less than one) in any given...
Persistent link: https://www.econbiz.de/10014221200
In a variety of contexts - ranging from public goods provision to information collection - a player's well-being depends on own action as well as on the actions taken by his or her neighbors. We provide a framework to analyze such strategic interactions when neighborhood structure, modeled in...
Persistent link: https://www.econbiz.de/10005076082