Charles H. Anderton and John R. Carter: Principles of conflict economics: The political economy of war, terrorism, genocide, and peace

Excerpt

Principles of Conflict Economics is a collection of theories, empirical studies, and ideas on the subject of conflict and peace. As the title suggests, the book presents the study of conflictual and peaceful outcomes through an economic lens. As such, the topics covered are wide-ranging and the methodologies used to study the myriad of scenarios include not only some of the basic principles of supply and demand, the broad group of rational choice and game theory models, and classical bargaining theory, but also extend to the state-of-the-art and interdisciplinary concepts and tools, such as network economics, economics of identity, and behavioral economics. In doing so, Anderton and Carter help readers understand how economists approach the study of complex social, economic, and political phenomena like wars and terrorism. Each chapter starts with an introduction of a particular economic model and how that model can be adapted to systematically study a particular type of conflict. This equips readers, regardless of their background in economics, to undertake the study of conflict and peace from an economic viewpoint. Similarly, each chapter ends with detailed bibliographic notes that provide extensive resources for further exploration. …