Download chapter two of The Rationality of War for free: http://wjspaniel.wordpress.com/2012/08/12/chapter-2-of-the-rationality-of-war/
Buy The Rationality of War on Amazon: https://www.amazon.com/Game-Theory-101-Rationality-War/dp/1500685658/
http://gametheory101.com/courses/international-relations-101/
War's inefficiency puzzle is a research question that asks why states sometimes choose to fight when bargaining, in theory, leaves both sides better off. This video builds some intuition about the puzzle by exploring a hypothetical crisis between Venezuela and Colombia. Can the two countries agree to a peaceful settlement, or are they doomed to fight?
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