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Political entrepreneurs, or leaders, play an important role in overcoming under-provision and coordination problems inherent in international public goods. Recent examples include the Montreal Protocol on ozone depletion and NATO peacekeeping. We demonstrate that the Prisoner's Dilemma need not...
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This chapter surveys the past applications of game theory to the study of terrorism. By capturing the strategic interplay between terrorists and targeted governments, game theory is an appropriate methodology for investigating terrorism and counterterrorism. Game theory has been used to examine...
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Most, if not all, published theoretical models of capital structure decisions assume that all firms follow the same capital structure decision process or strategy. We argue that such an assumption is inconsistent with extant evidence. Instead we argue that there is heterogeneity in the decision...
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