A major development within the international trading system during the post-World War II era is the creation and expansion of agreements to manage international trade. Although the GATT/WTO framework consumes the lion's share of attention in this realm, scholars increasingly acknowledge the rise...

Studies of the rule of law have become ubiquitous in the past decade in the field of economics, and to a lesser extent, political science. Much of this work focuses on the domestic determinants of the rule of law or the implications of variation in the rule of law on various macroeconomic...

This paper first establishes a new core theorem using the concept of generated payoffs: the TU (transferable utility) core is empty if and only if the maximum of generated payoffs (mgp) is greater than the grand coalition’s payoff v(N), or if and only if it is irrational to split v(N). It then...