Titlebook: Interpreting Historical Sequences Using Economic Models; War, Secession and T Paul Hallwood Book 2020 The Editor(s) (if applicable) and The

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The Economic Model, for secession by a sub-nation of people is whether the expected increase in its welfare (economic rents) is greater than the expected costs of making that secession occur. The state of which the sub-nation is a part makes similar calculations, namely, is the expected benefit of retaining the sub-na

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Intrastate Sequencing with Historical Examples,ional equilibria—war of secession and non-resisted secession. Each of the four categories is then populated with examples from recent history. This approach is easily applied to categorize events in any historical period.

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Peacekeeping and Sequencing,ght otherwise flag for lack of trust between the opposing parties. It is explained that while UN Security Council sanctioned peacekeeping minimizes free-riding, there are political constraints on both how much money is available and which missions the Council will approve. With other peacekeeping or

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Case Study: Secessionists Motives in the American Civil War,2 is used to compare the benefits of retaining slave wealth (the rents) with the costs of the civil war fought to keep it (the dispute costs). Expected benefits are weighted by probabilities of victory and time preferences. It is shown that war costs might have been recovered in as little as six yea

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Paul Hallwoodiegt, wie der jeder anderen Ware, den Gesetzen von Angebot und Nachfrage. Zu einem einigermaßen stabilen Geldwert kamen Länder, in denen der Staat ein bestimmtes Metall, im allgemeinen Gold, zur gesetzlichen Grundlage des Zahlungsmittelumlaufs erhob (Goldwährung); bare Zahlungsmittel können hierbei

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