Games International Joint Ventures Play During Their Life Cycle : Key Factors for Co-Operation and Conflict

The paper reviews what the prior literature has to say about the issues of conflict and cooperation during the life cycle of an international joint venture (IJV). The rules of the game are derived from an overview of the empirical IJVliterature. The timing and the order of the play show the difficulties due to information asymmetries. The paper offers a framework to organize the literature about the games being played in an IJV such as bargaining, common agency and repeated games