Abstract

I offer a model that captures the stalemate between North Korea's nuclear and military threats and the United States' responses. The model is based on a war of attrition during a nuclear crisis in continuous time with incomplete information. The true state of North Korea's nuclear and missile programs is not clearly known; however, North Korea's military technology becomes better as the status quo continues. Therefore, the leaders in the United States and South Korea should use an unyielding strategy that involves a counterthreat of military attack. The shorter the period until the commitment of the counterthreat provides a greater chance of North Korea backing down from its escalatory provocations.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.