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Bargaining strategies for governance complex games

Daniel Verdier ()
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Daniel Verdier: The Ohio State University

The Review of International Organizations, 2022, vol. 17, issue 2, No 5, 349-371

Abstract: Abstract Global governance complexes offer member states opportunities for “regime shifting”: playing off an institutional forum against another with the goal of improving one’s relative bargaining position. I probe the internal validity of this strategy. The model makes two contributions to the governance complex literature. Formally, first, the analysis goes beyond current “outside-option” models of regime shifting, involving a permanent break of negotiations, to “inside-option” models, involving temporary disagreements. Substantively, second, the article models two scenarios of regime shifting, one that works for the weak and another that works for the powerful, and then “tests” the claim held by some in the literature that powerful countries are more likely to avail themselves of the possibility of regime shifting than weaker countries. I conclude that regime shifting is more likely to work for the weak than for the strong.

Keywords: Regime shifting; Inside option; Outside option; Regime complex; Complex governance (search for similar items in EconPapers)
JEL-codes: C72 F13 F53 (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (1)

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DOI: 10.1007/s11558-020-09407-9

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