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The aim of this paper is to analyze the decision-making process of a targeted country threatened by a terrorist group. This country has the choice between improving his arms or buying technologies from the border country. However, his resource is not unlimited. So the government has to do an...
Persistent link: https://www.econbiz.de/10008563032
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 allocates to her a share below a self-imposed threshold. Any...
Persistent link: https://www.econbiz.de/10012176463
We theoretically investigate how the application of unanimity rule can lead to inefficient delay in collective decision making. We do so in the context of a distributive multilateral bargaining model featuring strategic pre-commitment. Prior to each bargaining round, players can declare a...
Persistent link: https://www.econbiz.de/10014578010
The article aims at suggesting possible conjectures on Al-Qaeda's logic and structure. Even if the organization's secrecy makes any empirical evidence difficult to find, some insight can be provided by economic theory of contests: in this terms, Al-Qaeda can be acknowledged like an agent...
Persistent link: https://www.econbiz.de/10005408420
alliance formation due to social cues from the photographs being used as a coordination device to facilitate faster alliance …
Persistent link: https://www.econbiz.de/10011653411
alliance formation due to social cues from the photographs being used as a coordination device to facilitate faster alliance …
Persistent link: https://www.econbiz.de/10011641390
The security necessary for investment and income growth is difficult to establish in areas where the government is weak … commitments to establish security. We model the production of security in regions characterized by relatively weak central … determine the level of public security. Strategic underinvestment in security by the government occurs whenever the government …
Persistent link: https://www.econbiz.de/10010862325
to compensation; a longer shadow of the future can intensify conflict; and, more competition among providers of …
Persistent link: https://www.econbiz.de/10010307030
effects of international trade, besides keeping markets open to further reduce the potential of international conflict. …
Persistent link: https://www.econbiz.de/10010377901
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 allocates to her a share below a self-imposed threshold. Any...
Persistent link: https://www.econbiz.de/10012545943