Question: 1 . [ 4 points ] Think about two countries fighting over a piece of territory that does not have much intrinsic value. Apply the

1.[4 points] Think about two countries fighting over a piece of territory that does not have much intrinsic value. Apply the Commitment Problem(Humphreys chp.30) and the Schelling Conjecture(Humphreys chp.29) to this situation. What do they tell us about: a.) the conditions under which the countries will be able to find a solution to their inefficient fighting, and; b.) who is likely to receive the better deal if one is reached?

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