Conconi, Paola; Sahuguet, Nicolas - In: Journal of Public Economics 93 (2009) 3-4, pp. 549-558
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...