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As a rule, countries consider clearly defined international borders to be paramount for their survival and prosperity. Most borders gain definition peacefully and, once they do, these definitions stick (i.e., the border remains settled). The failure to define borders, however, produces protracted, geopolitical, militarized competitions (or rivalries) between neighboring countries. Rider and Owsiak model this failure as a particular type of bargaining problem - namely, bargaining over territory that affects the distribution of power between neighbouring states significantly - that undermines...