This study develops a game theoretic model to explain why the U.S. continues to supply military aid to ght transnational terrorist groups, given its poor empirical record. The model demonstrates that since U.S. military aid is contingent on ghting terrorists, and U.S. aid is likely to cease once...

A considerable literature identifies the conditions under which sanctions are more likely to be successful. However, few studies examine the question of when senders are willing to enforce sanctions laws against their firms. Using a game theoretic model, we argue that the imposition of sanctions...

Economic sanctions, increasingly used as instruments of foreign policy in recent decades, have been the focus of numerous academic studies. Recent theoretical advances in our understanding of sanctions cannot be tested adequately with existing data. This article presents a newly developed...

Recent research on economic sanctions has produced significant advances in our theoretical and empirical understanding of the causes and effects of these phenomena. Our theoretical understanding, which has been guided by empirical findings, has reached the point where existing datasets are no...