Arms & Influence is a little repetitive, but still a fascinating look at the way countries can use war, violence, threats and generally nasty behavior to get what they want. Schelling analyzes war in terms of "bargaining" - i.e. we'll hit you this hard now to show we mean it, and ten times harder if you don't give us what you want next week.
The theory explains a lot - but if you take it too far it can be too clever by half. One of his examples of a precise, well-considered and effective strike intended to deliver a clear message that an adversary would have to recognize is the Johnson Administration's retaliation for the Tonkin Gulf incident. The book was written in early 1965.