This paper investigates infrastructure investment in markets where regulation is subject to varying degrees of manipulation by elected politicians. Based on a model of price regulation in a market with increasing demand and long-term returns on investment we construct a multi-period game between...

This article develops an empirical measure of electoral availability, i.e., the micro perspective of political competition. As existing research conceptualizes political competition mainly as a macro- or party-level phenomenon, the micro perspective remains underdeveloped and, therefore, an...

Designing appropriate import tariff rates is crucial for global trade. In this paper, we propose game-theoretic models to investigate how tariff policies affect the competition of multinational firms (MNFs) in a global trading environment. The MNFs sell substitutable products and compete in two...