Showing 1 - 10 of 1,192
advance bargaining theory to incorporate the self-serving use of equity. Agents are predicted to push equity principles which … benefit them more than other parties, in particular those which are disadvantageous to parties with large bargaining power …
Persistent link: https://www.econbiz.de/10012717240
This paper studies the incentives for international cooperation if (some) countries prefer a more equitable distribution of per capita emission levels. The impact of such an equity preference is analyzed first for a bilateral, and then for a multilateral environmental problem. We show that -...
Persistent link: https://www.econbiz.de/10011598232
We extend the Baron and Ferejohn (1989) model of multilateral bargaining by allowing the players to attempt commiting … to a bargaining position prior to negotiating. If successful, commitment binds a player to reject any proposal which … reason is that competition to be included in the winning coalition discourages attempts to commit to an aggressive bargaining …
Persistent link: https://www.econbiz.de/10012176463
Whereas the rational choice approach to international law has been widely accepted in legal scholarship and international relations theory, challenges to the rational choice paradigm in economic analysis of international law have hitherto not been systematically explored. Nevertheless,...
Persistent link: https://www.econbiz.de/10010375487
While global trade talks have been making very little progress in recent years, the number of preferential trade agreements (PTAs) has grown rapidly, and many of these institutions are reaching much deeper into the domestic political arena than traditional multilateral trade liberalization....
Persistent link: https://www.econbiz.de/10013071947
We provide an update on the impact the COVID-19 pandemic on the demand for cash and the use of methods of payment based on data from the Bank Note Distribution System and from consumer surveys conducted in April and August 2021. Our key findings are as follows: Cash in circulation remained high...
Persistent link: https://www.econbiz.de/10013175440
In this paper we explore how hominin behavior responds to the distribution of resources in territorial conflict. We develop an economic model to organize the findings of primatologists, isolating how resource skew and variance affect territorial ranges, as well as how they interact with unequal...
Persistent link: https://www.econbiz.de/10013294551
In diesem Papier wird untersucht, ob bzw. wie sich im Rahmen des Kyoto Protokolls die globalen Emissionsreduktionsziele mit der ökonomischen Rationalität der beteiligten Länder in Einklang bringen lassen. Den äußeren Rahmen der Analyse bildet eine spieltheoretische Darstellung der...
Persistent link: https://www.econbiz.de/10010301346
This article provides a non-technical overview of important results of the game theoretical literature on the formation and stability of international environmental agreements (IEAs) on transboundary pollution control. It starts out by sketching features of first and second best solutions to the...
Persistent link: https://www.econbiz.de/10011324922
The structures of social interaction affect individual behavior and economic performance in important ways. This leads us to ask: does the architecture of social interaction exhibit particular patterns and are these patterns stable over time? We examine interaction among economists by looking at...
Persistent link: https://www.econbiz.de/10011324960