In the context of international bargaining, standard models predict that a shift in military power can cause preventive war because it changes the relative bargaining position between states. We find that shifts in military power are not the only cause of war under commitment problems and that...

Analysing different arrangements of inter-country trade, this paper investigates the impact of exchange rate risk on production and expected trade. We address the question how a mean-preserving spread of the exchange rate distribution effects strategic aspects of different trading arrangements....

Die Theorie strategischen Handelns prägt die moderne sozialwissenschaftliche Forschung. Angesichts deren extremer Prämissen hat sich, ausgehend von biologischen Ansätzen zur Entwicklung der Arten, eine alternative Theorie zur Erklärung individuellen Verhaltens entwickelt. Die Evolutionäre...

In an interaction it is possible that one agent has features it is aware of but the opponent is not. These features (e.g. cost, valuation or fighting ability) are referred to as the agent's type. The paper compares two models of evolution in symmetric situations of this kind. In one model the...

Countertrade agreements in international trade refer to a trade practice in which an exporter agrees to purchase back commodities proportional to his original export sale in the future. This paper provides a rationale for why such an agreement might be efficient. More specifically, the paper...