List colleagues,
I'd say that war reflects a breakdown in _bargaining_ rather than
incentives - moving from the realm of cooperative solutions toward
noncooperative strategies. Parties may still be responding to incentives
in pursuing military options, as Antony Davies elaborates on in his post.
- Akira Motomura, Stonehill College, amotomura@stonehill.edu
At 10:38 AM 10/8/2002 -0500, Stephen H Karlson wrote:
>Let me weigh in with a short observation. Economics, ultimately, is about
>people acting in what they perceive to be their best interests, and
>responding to incentives to cooperate by trading for mutual gain. War,
>ultimately, is about the breakdown of those incentives.....
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