Ukraine Crisis 2014: A Study of Russian-Western Strategic Interaction

Ericson Richard E. () and Zeager Lester A.
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Ericson Richard E.: Department of Economics, East Carolina University, Brewster A-434, Mail Stop 580, Greenville, NC 27858, USA
Zeager Lester A.: Department of Economics, East Carolina University, Brewster A-434, Mail Stop 580, Greenville, NC 27858, USA

Peace Economics, Peace Science, and Public Policy, 2015, vol. 21, issue 2, 153-190

Abstract: This paper presents an analysis of the Ukrainian crisis of 2014 through the lens of the Theory of Moves as formalized by [Willson, S.J., (1998), Long-term Behavior in the Theory of Moves, Theory and Decision, vol. 45, no. 3, pp. 201–240]. It derives the equilibrium (ultimate outcome) states under various assumptions about Western and Russian preferences over outcomes. The “paths” of their generation, i.e., the sequences of strategic choices made by each side, are also explored, casting light on the structure of incentives guiding behavior in the conflict, and perhaps predicting what the actual outcome will be when the world moves beyond this crisis. Incomplete information on preferences prevents derivation of a unique prediction of the outcome of the crisis, but the analysis enables us to substantially narrow the range of possibilities.

Keywords: strategic interaction; conflict modeling; equilibrium outcomes; theory of moves; Ukraine crisis (search for similar items in EconPapers)
Date: 2015
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DOI: 10.1515/peps-2015-0006

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