Appeasement: can it work?

Article Abstract:

Appeasement can deter the economic costs of war if the aggressor can be convinced that war will be costly and peace will advantageous. In 1938, the allies attempted to appease Germany by allowing the Germans to seize parts of Czechoslovakia. This miscalculation allowed Germany time to build up its forces.

Author: Hirschleifer, Jack
Germany, Econometrics, War, War economy, Peace negotiations, World War II, 1939-1945, Diplomatic negotiations in international disputes

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Thinking and feeling

Article Abstract:

Human behavior can be explained through complex feelings. Human brains process feelings and thoughts, and feelings may be specialized in terms of information types. Mistakes can help in understanding mental processes.

Author: Romer, Paul M.
Emotions, Rational expectations (Economics)

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Ethnicity and development in Africa: a reappraisal

Article Abstract:

Ethnic groups can help with the development of human capital in Africa, and ethnic diversity is not necessarily linked to political violence.

Author: Bates, Robert H.
Africa, Ethnic groups

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Subjects list: Research, Economic aspects, Economics
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