Showing 1 - 10 of 2,638
the theory in a lab experiment where two subjects negotiate how to share a resource; in case of conflict, the subjects … they translate into significant increases in conflict …
Persistent link: https://www.econbiz.de/10012482356
This paper explores the power of threats in the absence of binding commitment. The threatener cannot commit to carrying out the threat if the victim refuses payment, and cannot commit to not carrying out the threat if payment is made. If exercising the threat is costly to the threatener, then...
Persistent link: https://www.econbiz.de/10012473401
Using actual trade and tariff data for the United States and the European Community, this paper demonstrates how a trade negotiation such as the Tokyo Round, can be modelled as a game among countries attempting to minimize individual welfare loss functions. Once welfare functions are...
Persistent link: https://www.econbiz.de/10012477496
Bargaining breakdown--whether as delay, conflict, or missing trade--plagues bargaining in environments with incomplete …
Persistent link: https://www.econbiz.de/10012482204
This paper analyzes the strategic role of investment from a debtor country's perspective. The framework is one in which, if the debtor country is unable to meet debt obligations, a bargaining regime determines the amount of debt repayment. In the context of a two-country real trade model, debt...
Persistent link: https://www.econbiz.de/10012476029
The process of debt-rescheduling between a creditor and a sovereign (LDC) debtor is modeled as a noncooperative game built on a one-sector growth model. The creditor's threat to impose default penalties is ignored here as inherently incredible; instead, the debtor's motivation for repayment is to...
Persistent link: https://www.econbiz.de/10012476473
This paper reviews the history of bilateral trade negotiations between Taiwan and the U.S. The question posed at the … negative answer. Bilateral negotiations for market opening with the threat of unilateral trade sanctions (such as Section 301 … areas where U.S. domestic interests are homogeneous and concentrated. Even in the case of tariff negotiations where any …
Persistent link: https://www.econbiz.de/10012473546
A central authority possessing tax and expenditure responsibilities can readily provide an efficient level of a public good. Absent a central authority, voluntary arrangements must replace coercive ones. Significant under-provision must be expected. International public goods are particularly...
Persistent link: https://www.econbiz.de/10012456435
Although most disputes between groups of people are settled peacefully, sometimes disputes result in war. This lecture uses historical examples to illustrate how the ability to negotiate a credible peaceful settlement of a dispute between sovereign states, typically a dispute over the control of...
Persistent link: https://www.econbiz.de/10012468514
We develop a theory of interstate conflict in which the degree of genealogical relatedness between populations has a … positive effect on their conflict propensities because more closely related populations, on average, tend to interact more and … that affect conflict, including measures of trade and democracy …
Persistent link: https://www.econbiz.de/10012463555