, particularly on those that involve China. The election of Yoon Suk-yeol as the next South Korean president signals an increase in … ambitions, Iran’s nuclear program, China’s growth ambitions and human rights policies, Russia’s invasion of Ukraine and foreign … that are subject to the U.S. and international sanctions and trade restrictions, such as Russia, Iran, and China, increase …

, incentives to bluff. Under a reward regime, targets can bluff in order to extort larger inducements. Under a sanction regime …