Survival of rationalism between hostility and economic growth

Simple item page
dc.citation.epage535en_US
dc.citation.issueNumber4en_US
dc.citation.spage515en_US
dc.citation.volumeNumber38en_US
dc.contributor.authorÖzyıldırım, S.en_US
dc.contributor.authorCriss, N. B.en_US
dc.date.accessioned2019-02-04T06:24:40Z
dc.date.available2019-02-04T06:24:40Z
dc.date.issued2001en_US
dc.departmentDepartment of International Relationsen_US
dc.departmentDepartment of Managementen_US
dc.description.abstractThis article examines the interaction of country pairs who have historically been and are potentially hostile. Hostility is described as a function of arms stocks versus bilateral trade. Armament intensifies the current level of hostility whereas trade reduces the possibility of militarized disputes. We argue that welfare-maximizing decisionmakers have to seek methods other than accumulation of arms to increase the security of their nations, and we highlight the strategic nature of trade in overcoming enmity. Rational governments, who consider bilateral trade as a factor that reduces the level of enmity, allocate resources more efficiently between arms imports and consumer goods. The model predicts that understanding the use of trade as a diplomatic tool will lead the economy to grow significantly. The model is designed as a non-cooperative dynamic game and solved numerically using an adaptive learning algorithm called a genetic algorithm.en_US
dc.identifier.eissn1460-3578
dc.identifier.issn0022-3433
dc.identifier.urihttp://hdl.handle.net/11693/48766
dc.language.isoEnglishen_US
dc.publisherSage Publicationsen_US
dc.source.titleJournal of Peace Researchen_US
dc.subjectHostilityen_US
dc.subjectCountriesen_US
dc.subjectBilateralismen_US
dc.subjectRationalismen_US
dc.subjectArms racesen_US
dc.subjectEconomic growth modelsen_US
dc.subjectInternational tradeen_US
dc.subjectCapital stocksen_US
dc.titleSurvival of rationalism between hostility and economic growthen_US
dc.typeArticleen_US

Files

Original bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
Survival_of_rationalism_between_hostility_and_economic_growth.pdf
Size:
820.25 KB
Format:
Adobe Portable Document Format
Description:
Full printable version
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Item-specific license agreed upon to submission
Description:
Download

Collections

Department of Management
Department of International Relations