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The Economics of Counterfeiting
Quercioli, Elena - 2014
This paper develops a new tractable strategic theory of counterfeiting as a multi-market large game played by good and bad guys. There is free entry of bad guys, who choose whether to counterfeit, and what quality to produce. Opposing them is a continuum of good guys who select a costly...
Persistent link: https://www.econbiz.de/10012708564
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Trade, insecurity, and the costs of conflict
Garfinkel, Michelle Robin; Skaperdas, Stergios; … - 2022
Typically, economics assumes that property rights over productive resources or goods are perfectly defined and costlessly enforced. The costs of insecurity and the resultant conflict are, however, real and often economically significant. In this paper, we examine how international trade regimes...
Persistent link: https://www.econbiz.de/10013419262
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International Trade and Stable Resolutions of Resource Disputes
Garfinkel, Michelle R.; Syropoulos, Constantinos - 2022
We consider a dynamic setting in which two sovereign states with overlapping ownership claims on a resource/asset first arm and then choose whether to resolve their dispute violently through war or peacefully through settlement. Both approaches depend on the states’ military capacities, but...
Persistent link: https://www.econbiz.de/10014243081
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Trade, Insecurity, and the Costs of Conflict
Garfinkel, Michelle R.; Skaperdas, Stergios; … - 2022
Typically, economics assumes that property rights over productive resources or goods are perfectly defined and costlessly enforced. The costs of insecurity and the resultant conflict are, however, real and often economically significant. In this paper, we examine how international trade regimes...
Persistent link: https://www.econbiz.de/10014243087
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North-South climate change negotiations : a sequential game with asymmetric information
Caparrós Gass, Alejandro; Pereau, Jean-Christophe; … - 2003
This article determines the conditions under which the Southern countries should act together, or separately, while negotiating with the North about climate change policy and about the conditions for future Southern engagement. The paper models the international negotiations with complete and...
Persistent link: https://www.econbiz.de/10011589628
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Endogenous participation in a partial climate agreement with open entry : a numerical assessment
Sferra, Fabio; Tavoni, Massimo - 2013
Our purpose is to analyse the effectiveness and efficiency of a Partial Climate Agreement with open entry under a non-cooperative Nash-Equilibrium framework. We evaluate a partial agreement policy in which non-signatory countries can decide to join or to leave a coalition of the willing at any...
Persistent link: https://www.econbiz.de/10009757336
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War as an Investment
Chadefaux, Thomas - 2013
States often bargain over objects that affect their future bargaining power. A large territory, for example, is not …-player bargaining games in which present outcomes affect future power, and show three main results: (i) in a two-player negotiation, war …
Persistent link: https://www.econbiz.de/10014162111
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Postnuptial Agreements
Williams, Sean H. - 2007
whether, and under what terms, such agreements are enforceable. The skeptics argue that the bargaining dynamics within an … postnups is warranted. This Article draws on bargaining theory and numerous studies of strategic negotiation to argue that the … dynamics of spousal negotiation create significant limits on opportunism. Although spousal bargaining will often result in an …
Persistent link: https://www.econbiz.de/10014050951
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International trade and stable resolutions of resource disputes
Garfinkel, Michelle Robin; Syropoulos, Constantinos - 2022
We consider a dynamic setting in which two sovereign states with overlapping ownership claims on a resource/asset first arm and then choose whether to resolve their dispute violently through war or peacefully through settlement. Both approaches depend on the states' military capacities, but...
Persistent link: https://www.econbiz.de/10013419332
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Bargaining to lose the global commons
Chichilnisky-Heal, Natasha; Chichilnisky, Graciela - 2015
In "Bargaining to Lose: The Permeability Approach to Post Transition Resource Extraction" [1] Natasha Chichilnisky … state as a decision maker having the public good as an objective, and replaces it by the results of a bargaining game … of copper and gold mines in Mongolia and Zambia, and focuses on a bargaining game between the state and key financial …
Persistent link: https://www.econbiz.de/10011438819