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Persistent link: https://www.econbiz.de/10002826296
dynamics. The goal is to develop a process-oriented theory of money and financial institutions that reconciles micro- and … macroeconomics, using as a prime tool the theory of games in strategic and extensive form. The approach involves a search for minimal …
Persistent link: https://www.econbiz.de/10005233383
dynamics. The goal is to develop a process-oriented theory of money and financial institutions that reconciles micro- and … macroeconomics, using as a prime tool the theory of games in strategic and extensive form. The approach involves a search for minimal …
Persistent link: https://www.econbiz.de/10005237360
Despite many applications of prospect theory's concepts to explain political and strategic phenomena, formal analyses … of strategic problems using prospect theory are rare. Using Fearon's model of bargaining, Tversky and Kahneman's value … expected value and prospect theory when applied to strategic interaction. Critically important to this demonstration is an …
Persistent link: https://www.econbiz.de/10010802270
The theoretical literature on government repression has mostly taken a choice theoretic perspective, wherein either the protest group optimally chooses a protest tactic in response to government behavior or the government optimally chooses a repression strategy. This approach is insufficient for...
Persistent link: https://www.econbiz.de/10009004497
Donors often condition foreign aid to recipients on policy adjustments. How do domestic interest groups influence a donor’s ability to credibly commit to implementing threats and promises? In our model, domestic interest groups in the donor country can mobilize to support the...
Persistent link: https://www.econbiz.de/10011161093