Credible Promise: Conflict and Security on the Korean Peninsula
25 Pages Posted: 19 Apr 2019 Last revised: 5 Jun 2020
Date Written: April 1, 2019
In this paper, I develop a game-theoretic model to propose a desideratum for resolving the North Korean conflict, and promoting peace and security around the Korean peninsula. A political change in North Korea may be possible only with China's full support and cooperation with international sanctions against North Korea. The key to inducing China's cooperation is for the US to make a credible promise that respects Chinese security concerns in the northern part of the Korean peninsula in the event of political change.
Keywords: conflict, security, negotiation, cooperation, promise, sanctions.
JEL Classification: C72, D82, F51
Suggested Citation: Suggested Citation