another factor that analysts have largely ignored: credibility. In the real world governments find it difficult to craft and …-world modelling exercises. As credibility declines the cost of coordinated international regulation skyrockets—even in developing … treaties are usually weak, governments must rely on their own actions to boost regulatory credibility—for example, governments …

success of this regime may depend critically on the credibility of the target and the expectation that the authorities will … anchoring of expectations is interpreted as a gain in credibility. Also considered are the effects on the credibility of the … anchored over the whole sample period, credibility has risen, but at the same time the cost of breaching the target has grown. …

is seen as a set of conventional signs that point to types, and the credibility of a message depends on the strategic …