To Bargain or Not To Bargain: That Is The Question
To Bargain or Not To Bargain: That Is The Question
Date
1988-05-01
Authors
Lapan, Harvey
Lapan, Harvey
Sandler, Todd
Lapan, Harvey
Sandler, Todd
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Lapan, Harvey
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Economics
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Economics
Abstract
We use economic analysis in a simple game-theory framework to ascertain under what circumstances a government would want to precommit itself to a no-negotiation strategy. From the government viewpoint, we examine both the choice of deterrence expenditure (i.e., expense meant to reduce terrorist logistical success during incidents) and whether to negotiate or not.
Comments
This is an article from The American Economic Review 78 (1988): 16. Posted with permission.