Abstract:Abstract. This chapter analyzes the influence of democratic institutions-specifically, the effects of (i) electoral uncertainty when individuals within a nation have different preferences over public peaceful investment and (ii) greater checks and balances that lead to a more effective mobilization of resources for both public peaceful investment and arming-on a nation's incentive to arm and willingness to initiate war. The analysis is based on a model where nations contest some given resource and where they c… Show more
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