2008
DOI: 10.2139/ssrn.1081775
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Strategic Militarization, Deterrence and Wars

Abstract: 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. Wars are between countries with differing armament levels and the frequency of wars is tempered by the presence of armament levels that are expressly chosen for their deterrent properties. As the probability of winning a w… Show more

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Cited by 26 publications
(29 citation statements)
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“…In recent years, other scholars have elaborated on the concept of deterrence (Garfinkel ; Grossman and Kim ; Neary ; Chassang and Padro‐i‐Miquel ; Jackson and Morelli ; Jacobsson ). The added value of some of these models has been to endogenize militarization.…”
Section: Introductionmentioning
confidence: 99%
“…In recent years, other scholars have elaborated on the concept of deterrence (Garfinkel ; Grossman and Kim ; Neary ; Chassang and Padro‐i‐Miquel ; Jackson and Morelli ; Jacobsson ). The added value of some of these models has been to endogenize militarization.…”
Section: Introductionmentioning
confidence: 99%
“…Some recent models, for instance Schwarz and Sonin (2007), Jackson and Morelli (2008), Chassang and i Miguel (2008), and Yared (2009), are rooted in the theory of repeated and/or dynamic games. Others such as Fearon (1995) and Glaeser (2005) place conflict in a signalling context.…”
Section: ]"mentioning
confidence: 99%
“…However, there is no reason that Powell's (1993) model could be not be adapted to allow for within-period transfers and still yield conflict as a possible equilibirum outcome. Jackson and Morelli (2008) analyze a dynamic model similar to that of Powell and allow for mixed strategies, with conflict taking place for at least some realizations of mixed-streategy equilibria.…”
Section: Introductionmentioning
confidence: 99%