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Bargaining Theory: The Korean War

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The idea of defining war as bargaining interaction comes from Carl von Clausewitz. The war has no value and nobody pursues war without having a bigaffirmed that war has no value and no one pursues war without having a big goals. The bargaining theory been furthered during the Cold War conflicts in 1950s. This theory re-emerged when the Korean War demonstrated to American observers that the Cold War would probably involve the limited conflicts rather than third world war. It called for the development of ideas on how to fight and win in that conflicts (Revolvy, 2017). It was determined that war often ends with bargain rather than military victory since the war itself were limited.
Economist Thomas Schelling was the first social scientists who
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