The second and certainly preferable alternative is that all states involved, along with other major international actors will weigh the costs and benefits of each scenario and arrive at similar conclusions. That is to say, in this day and age of multi-lateral institutions, there is little to be gained from actual conflict. Thus emerging actors will seek a ‘balance of power’ within the current system. That, “balancing involves institutional strategies such as the formation of limited diplomatic coalitions or ententes to constrain the superior powers. It also involves strengthening economic ties between peers, which can possibly shift the balance of economic power against the more powerful state/s in the long term.” (Flemes, 6)
Within international relations circles this idea of a shift away from American hegemony is called a return to ‘multipolarity’. Realists would