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This article attempts to formalize and extend Putnam's conjecture that greater domestic constraints can be a bargaining advantage in international negotiations by means of a more realistic model of negotiator behavior. Unlike her counterpart in Putnam, the negotiator in my model has a direct...
Persistent link: https://www.econbiz.de/10010812759
Little attention has been paid to how and when economic sanctions end, especially compared with the amount of research on their effectiveness. A game in which the ending of sanctions is part of interstate bargaining about a contested policy is analyzed. In case of audience costs, sanctions may...
Persistent link: https://www.econbiz.de/10010801465
Persistent link: https://www.econbiz.de/10009194248
Contrary to the dominant view that the developmental state evolved to reduce transaction costs (such as moral hazard), it is argued that it represented, first and foremost, a policy compromise between business and government over redistribution and market competitiveness. This compromise was...
Persistent link: https://www.econbiz.de/10009194412