This was one of the questions which was asked from a panel of distinguished experts on the 6th of May, 1988 in Washington DC.
The panel was also asked, what does winning look like and if neither side is going to win the war, how will the war end?
These are questions which would have been very difficult to answer.
The war actually ended three and half months after this conference, on the 20th of August 1988. Iran and Iraq both accepted UN resolution 598.
The replies are interesting and informative.
http://www.c-spanvideo.org/clip/4461926&newclip
You can watch the entire conference here:
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