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- W2042207751 abstract "We study the possibility of peace when two countries fight a war over the ownership of a resource. War is always the outcome of the game played by rational countries - under complete or asymmetric information - when there is no pre-established distribution of the resource among countries. When there is such a distribution of the resource, under complete information peace is feasible for some initial distributions of the resource, whereas under asymmetric information there are two classes of equilibria: Peaceful Equilibria, in which peace has a positive probability, and Aggressive Equilibria, which assign probability one to war. Surprisingly, a little asymmetric information may yield war." @default.
- W2042207751 created "2016-06-24" @default.
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- W2042207751 date "2012-01-01" @default.
- W2042207751 modified "2023-09-23" @default.
- W2042207751 title "Give Peace a Chance: The Effect of Asymmetric Information on Peace" @default.
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- W2042207751 doi "https://doi.org/10.2139/ssrn.2014732" @default.
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