Regret Analysis Towards Conflict Resolution
9 Pages Posted: 20 May 2018 Last revised: 31 May 2018
Date Written: May 4, 2018
In regret analysis, an entity (either an individual or a group or a country) feels regret by taking a decision for any particular action when there are other ways to act. Such regret often motivates someone to settle conflict. The present paper discusses such a possibility using a mathematical model. The model leads to a conflict resolution curve which provides a compromising solution in a conflicting situation and ultimately to peace building. A case study in this article unveils that conflict resolution by motivation is a better option than conflict resolution by force.
Keywords: conflict resolution, regret analysis, motivation, aggressive
JEL Classification: C02, H12
Suggested Citation: Suggested Citation