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Persistent link: https://www.econbiz.de/10002826296
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
The aim of this article is to distinguish between strategies in the Iterated Prisoner’s Dilemma on the basis of their relative performance in a given population set. We first define a natural order on such strategies that disregards isolated disturbances, by using the limit of...
Persistent link: https://www.econbiz.de/10011136117