International Relations 101 (#17): The Algebraic Bargaining Model of War

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Can we show that there generally exists a settlement that two sides mutually prefer to war? The answer is yes. This video proves the assertion using the algebraic crisis bargaining model. Next time, we will interpret the results using a geometric model.

You can read more about this proof in the following article: http://slantchev.ucsd.edu/courses/pdf...

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