A Dynamic Theory of Resource Wars
We develop a dynamic theory of resource wars and study the conditions under which such wars can be prevented. The interaction between the scarcity of resources and the incentives for war in the presence of limited commitment is at the center of our theory. We show that a key parameter determining...
Main Authors: | Acemoglu, Daron, Golosov, Michael, Tsyvinski, Aleh, Yared, Pierre |
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Format: | Working Paper |
Published: |
Cambridge, MA: Department of Economics, massachusetts Institute of Technology
2012
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Subjects: | |
Online Access: | http://hdl.handle.net/1721.1/71551 |
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