09 November 2021

An Economic View of Violence and Conflicts 

Most people think violence and conflict is not amenable to rational analysis as it involves aggressive actors whose actions are motivated by anger and the will to exploit. But, economists have begun to develop models that are capable of explaining aggressive behavior with surprising regularity. The models also thoroughly establish that aggressive actions are not necessarily irrational. Watch the video to understand how war and conflict are turning out to be driven by intelligent actors rather than barbaric fighting for vengeance.  



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