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...

Full description

Bibliographic Details
Main Authors: Acemoglu, Daron, Golosov, Michael, Tsyvinski, Aleh, Yared, Pierre
Format: Working Paper
Published: Cambridge, MA: Department of Economics, massachusetts Institute of Technology 2012
Subjects:
Online Access:http://hdl.handle.net/1721.1/71551