-peaceful world. But how much would individual be willing to pay to avoid just the economic costs of conflict? Remarkably, even these … current level of consumption to live in a purely peaceful world. Such large potential welfare gains from reducing warfare …

% for the EU, by .5% for the United States, and by -.02% for the rest of the world relative to the status quo. However …

rest of the world relative to the status quo. However, there is substantial heterogeneity across the 134 geographical …