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Israel and Palestine: the slow road to peace or the fast track to mutual annihilation?

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  • Charles Rowley
  • Michael Webb

Abstract

This paper outlines the nature of the post World War II conflict between Israel and Palestine over land and borders. It demonstrates the weaknesses in the political systems of both countries that make it difficult to resolve outstanding differences. It examines the nature of bargaining costs, distinguishing clearly between the Coase and the Machiavelli theorem. It uses the hawk–dove game model to explain war and peace relationships between Israel and Palestine evident over the period 1948–2007. It evaluates the implications for the peace process of some future proliferation of nuclear arms that breaks Israeli nuclear hegemony in the Middle East. Copyright Springer Science+Business Media, LLC 2007

Suggested Citation

  • Charles Rowley & Michael Webb, 2007. "Israel and Palestine: the slow road to peace or the fast track to mutual annihilation?," Public Choice, Springer, vol. 132(1), pages 7-26, July.
    • Handle: RePEc:kap:pubcho:v:132:y:2007:i:1:p:7-26
    DOI: 10.1007/s11127-007-9161-1
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    References listed on IDEAS

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    1. R. H. Coase, 2013. "The Problem of Social Cost," Journal of Law and Economics, University of Chicago Press, vol. 56(4), pages 837-877.
    2. Tyler Cowen, 2004. "A Road Map to Middle Eastern peace? -- A Public Choice Perspective," Public Choice, Springer, vol. 118(1_2), pages 1-10, January.
    3. Anthony Downs, 1957. "An Economic Theory of Political Action in a Democracy," Journal of Political Economy, University of Chicago Press, vol. 65(2), pages 135-135.
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    Cited by:

    1. Dalibor Roháč, 2009. "Why did the Austro-Hungarian Empire collapse? A public choice perspective," Constitutional Political Economy, Springer, vol. 20(2), pages 160-176, June.
    2. Hojman, David E. & Hiscock, Julia, 2010. "Interpreting suboptimal business outcomes in light of the Coase Theorem: Lessons from Sidmouth International Festival," Tourism Management, Elsevier, vol. 31(2), pages 240-249.

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