Quasar pairs are either physically distinct binary quasars or the result of
gravitational lensing. The majority of known pairs are in fact lenses, wit
h a few confirmed as binaries, leaving a population of objects that have no
t yet been successfully classified. Building on the arguments of Kochanek,
Falco & Munoz, it is shown that there are no objective reasons to reject th
e binary interpretation for most of these. In particular, the similarity of
the spectra of the quasar pairs appears to be an artefact of the generic n
ature of quasar spectra. The two ambiguous pairs discovered as part of the
Large Bright Quasar Survey (Q 1429-053 and Q2153-0256) are analysed using p
rincipal components analysis, which shows that their spectral similarities
are not greater than expected for a randomly chosen pair of quasars from th
e survey, The assumption of the binary hypothesis allows the dynamics, time
-scales and separation distribution of binary quasars to be investigated an
d constrained. The most plausible model is that the activity of the quasar
is triggered by tidal interactions in a galatic merger, but that the (re-)a
ctivation of the galactic nuclei occurs quite late in the interaction, when
the nuclei are within 80 +/- 30 kpc of each other. A simple dynamical fric
tion model for the decaying orbits reproduces the observed distribution of
projected separations, but the decay time inferred is comparable to a Hubbl
e time. Hence it is predicted that binary quasars are only observable as su
ch in the early stages of galactic collisions, after which the quiescent su
permassive black holes orbit in the merger remnant for some time.