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Relative Gains, Higher-Order Uncertainty and the Conflict Between Rising and Ruling States

Sun, April 6, 8:00 to 9:30am CDT (8:00 to 9:30am CDT), Palmer House Hilton, Floor: 3rd, Salon 3

Brief Overview

I use global games to show that higher-order beliefs significantly reduce the range of cooperation possibilities between two states and can generate relative gain and war in equilibrium, especially when the relative power is in an intermediate range.

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