Servicios Personalizados
Revista
Articulo
Indicadores
Citado por SciELO
Accesos
Links relacionados
Citado por Google
Similares en SciELO
Similares en Google
Compartir
Cuadernos de Economía
versión impresa ISSN 0121-4772versión On-line ISSN 2248-4337
Resumen
RAFFO LOPEZ, Leonardo. LOS INCENTIVOS PARA LA GUERRA BILATERAL: UN CASO POLAR. Cuad. Econ. [online]. 2008, vol.27, n.49, pp.89-130. ISSN 0121-4772.
In this paper I lay down the foundations for what can be called an economic theory of bilateral war, that is, a theory where the interconnections between trade and war for pairs of states are elucidated. In a two-stage game with complete information and endogenous payoffs, it is proved that the propensities of countries to peace or war basically depend on asymmetries in the distribution of demand and in the distribution of resources between them. Analysis of the asymmetrical Nash equilibria reveals that under the assumptions of the model the only possible equilibrium is war.
Palabras clave : International trade; war; peace; asymmetrical Nash equilibria.