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Persistent link: https://www.econbiz.de/10005323845
This paper examines the impact of policymakers' horizon on the sustainability of international cooperation. We describe a prisoners' dilemma game between two infinitely-lived countries run by policymakers. We show that re-election incentives can act as a discipline device, making it easier to...
Persistent link: https://www.econbiz.de/10005306852
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