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-player bargaining games in which present outcomes affect future power, and show three main results: (i) in a two-player negotiation, war … never occurs in equilibrium, unless states value the future too differently; (ii) with three players, war can occur in …
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Russia’s war against Ukraine has triggered unprecedented policy responses around the globe. These policy measures, as …
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Does development aid attract FDI in post-conflict countries? This paper contributes to the growing literature on effects of aid and on determinants of FDI by explaining how development aid in low-information environments is a signal that can attract investment. Before investing abroad, firms...
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