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Arm For Peace - A Rationalist Explanation (Paperback, 2013 ed.)
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Arm For Peace - A Rationalist Explanation (Paperback, 2013 ed.)
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Peace does not offer such an obvious rationale for arming oneself
as does war. In fact, war expresses an intention to attack which
fuels preparation for it via arming oneself. Yet, there are reasons
to arm for peace especially when war is modeled only as a potential
outcome. Potential wars could be stylized into a winner-takes-all
(-that-is-left) contest. The contest design formalizes strategic
behavior of, for simplicity, two players such as nations or states.
These players set out to make two decisions: First, they decide the
degree of arming and then, observe the armaments. Second, they
decide on whether or not to use force. Two different mutual
deterrence-concepts lead to armed, peaceful equilibria with
certainty. Yet another better established concept considers arming
to serve a different purpose, namely, to reinforce bargaining
power.
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