 Hedging for Better Bets: Power Shifts, Credible Signals, and Preventive ConflictBrandon K. Yoder Journal of Conflict Resolution, 2019, vol. 63, issue 4, 923-949 Abstract: How can declining states reliably infer the intentions of rising states? One prominent line of argument maintains that because declining states face intractable uncertainty about rising states’ future intentions, preventive war is often unavoidable even between states with truly compatible goals. This article presents a dynamic model of reassurance in which actors are uncertain whether or not their interests conflict. The model shows that by adopting a hedging strategy of limited containment short of war, declining states can reduce risers’ incentives to send dishonest cooperative signals. This, in turn, makes cooperation more credible as a signal of risers’ benign intentions. Moreover, these signals are sufficiently informative to dissuade the decliner from escalating to preventive war even under large power shifts. Thus, although power shifts promote limited competition among states with compatible goals, preventive war rationally occurs only in a bargaining context when the riser’s goals are known to be incompatible. Keywords: bargaining; belief structure; capabilities; conflict; cooperation; foreign policy; game theory; power transition theory (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:sae:jocore:v:63:y:2019:i:4:p:923-949 Access Statistics for this article More articles in Journal of Conflict Resolution from Peace Science Society (International) |
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