Dispute Settlement Design for Unequal Partners: A Game Theoretic Perspective

Jean-Pierre P. Langlois, Catherine C. Langlois
2007 International Interactions  
348 J. P. Langlois and C. C. Langlois treaty value than trigger type schemes, as well as credible deterrence, to signatories engaged in a Prisoner's Dilemma game. We conclude that, in the design of sanctioning schemes, redress for the injured party is better than punishment by defection.
doi:10.1080/03050620701681809 fatcat:6phbj2vc4fcplhkyrodhpxwyoq