A Theory of International Conflict Management and Sanctioning
AbstractIn this paper we analyze sanctioning policies in international law. We develop a model of international military conflict where the conflicting countries can be a target of international sanctions. These sanctions constitute an equilibrium outcome of an international political market for sanctions, where different countries trade political influence. We show that the level of sanctions in equilibrium is strictly positive but limited, in the sense that higher sanctions would exacerbate the military conflict, not reduce it. We then propose an alternative interpretation to the perceived lack of effectiveness of international sanctions, by showing that the problem might not be one of undersanctioning but of oversanctioning. Copyright 2002 by Kluwer Academic Publishers
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Bibliographic InfoArticle provided by Springer in its journal Public Choice.
Volume (Year): 110 (2002)
Issue (Month): 1-2 (January)
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Web page: http://www.springerlink.com/link.asp?id=100332
Other versions of this item:
- Nuno Garoupa & Joao E. Gata, 2000. "A theory of international conflict management and sanctioning," Economics Working Papers 481, Department of Economics and Business, Universitat Pompeu Fabra.
- Nuno R. Garoupa & João E. Gata, 2000. "A Theory of International Conflict Management and Sanctioning," Working Papers Department of Economics 2000/11, ISEG - School of Economics and Management, Department of Economics, University of Lisbon.
- C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
- D74 - Microeconomics - - Analysis of Collective Decision-Making - - - Conflict; Conflict Resolution; Alliances
- K33 - Law and Economics - - Other Substantive Areas of Law - - - International Law
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- Caruso, Raul, 2007. "Conflict and Conflict Managment with Asymmetric Stakes (The Bad-Cop and the Good Cop part II)," MPRA Paper 1438, University Library of Munich, Germany.
- Konstantin Yanovskiy & Ilia Zatcovetsky & Sergey Zhavoronkov, 2014. "The Evolving Priorities of the Israeli Left: From Social Justice to Security and Back," Working Papers 0095, Gaidar Institute for Economic Policy, revised 2014.
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