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Marta Reynal-Querol

In: 21st Century Economics: A Reference Handbook

Chapter 79: The Economics of Civil War

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The Economics of Civil War
The economics of civil war

Different social sciences have adopted different perspectives in the study of conflict. Most economists have approached this issue using a theoretical perspective and the tools of game theory. During the past two decades, some economists have constructed theoretical models to explain why individuals and groups become involved in a conflictive situation. For an outstanding review on the theoretical literature of the economics of conflict, I strongly recommend reading Garfinkel and Skaperdas (2007).

However, the empirical approach to this topic is still in its early stages. Recently, some researchers have stressed the importance of economic factors in the study of civil war. This chapter will provide a brief overview of the most relevant empirical papers that address this ...

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