The Third Option for the South China Sea The Political Economy of Regional Conflict and Cooperation /

• Main Author: Green, David Jay (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Cham : Springer International Publishing : Imprint: Palgrave Macmillan, 2016.
• Subjects: Game theory.; International economics.; Asia > Economic conditions.; Economics.; Asian Economics.; International Economics.; Game Theory.

This Palgrave Pivot uses a simple model from game theory to explain the behavior of countries disputing ownership of resources and of small islands in the South China Sea. It argues that the rapid transformation of the region's economy - the rise of Factory Asia – is not being acknowledged, lea...

Table of Contents:

• 1. Introduction
• 2. Low-Level Simmering Disputes
• 3. A Model from Game Theory
• 4. The Economic Context: Costs and Vulnerability to Conflict
• 5. Hypothetical Rewards, Resources in the South China Sea
• 6. Broader Issues in the West Pacific
• 7. Regional Cooperation as the Third Option: A Modified Game
• 8. The Experiences of Existing Regional Cooperation Initiatives
• 9. South China Sea Regional Cooperation: A Tentative Exercise
• 10. Conclusion.