Garfinkel, Michelle Robin; Syropoulos, Constantinos - 2021
over an insecure portion of their combined output, we study the choice between a peace agreement that maintains the status … quo without arming (or unarmed peace) and open conflict (or war) that is possibly destructive. With a focus on outcomes … effects, the degree of output security and the initial distribution of resources, peace can, but need not necessarily, emerge …