Modeling the Strategic Effects of Risk and Perceptions in Linkage Politics
Mark Abdollahian and
Carole Alsharabati
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Mark Abdollahian: Claremont Economic Policy Institute, Claremont Graduate University, Claremont, CA 91711, USA mabdollahian@hotmail.com
Carole Alsharabati: Faculty of Business and Management, University of Balamand, P.O. Box 100, Tripoli, Lebanon carole.alsharabati@balamand.edu.lb
Rationality and Society, 2003, vol. 15, issue 1, 113-135
Abstract:
We develop a new linkage model for multiple issue politics and negotiations, one that extends previous single and multidimensional work by Bueno de Mesquita, Stokman, Morgan, and Morrow by explicitly capturing risk in a spatial multidimensional analysis. In order to address the critiques of previous linkage models as cooperatively based, we allow risk to vary simultaneously across issues, which yields non-convex indifference curves. Consequently, our model incorporates a new perceptive and conflictual component in multiple issue contexts. This approach allows the possibility of misjudgment and misperceptions in behavior. We show that linkage solutions in a political context may or may not be taken advantage of by the participants, nor do they need be Pareto optimal. Besides more accurately modeling the negotiation process, these valuable insights yield strategies for unilateral maximization of linkages not captured by previous linkage approaches.
Keywords: agenda-setting; bargaining; conflict; cooperation; decision-making; dispute resolution; expected utility; issue linkage; linkage politics; multidimensionality; negotiations; non-cooperative game theory; Pareto optimality; policy-making; public choice; rational choice risk; spatial bargaining models; strategic intervention (search for similar items in EconPapers)
Date: 2003
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Persistent link: https://EconPapers.repec.org/RePEc:sae:ratsoc:v:15:y:2003:i:1:p:113-135
DOI: 10.1177/1043463103015001074
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