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Tacit Bargaining in International Relations

A Game Model and a Case Study

Bibliographic Data

ID10071818
AuthorsCatherine C Langlois (Georgetown University), Jean-Pierre P Langlois (San Francisco State University)
Year1996
Volume40
Issue4
Pages569-596
Publication date1996-12-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueJournal of Conflict Resolution (JOURNAL)
Journal identifiersISSN: 0022-0027 • E-ISSN: 1552-8766
PublisherSAGE Publishing (PUBLISHER • US)
DOI10.1177/0022002796040004003
OpenAlexW2094772993
LanguageEN
Citations received2
References cited26

The authors develop a characterization of subgame perfect equilibrium strategies in discounted repeated games that highlights a class of strategies called countervailing. When using countervailing strategies, the players focus on manipulating the other side's payoff to induce his cooperation. These strategies do not require one player to entertain specific expectations about the strategic choice of the other. For this reason, countervailing strategies are promising vehicles for tacit bargaining. The authors test their relevance using a case of international trade—Japan's penetration of the U.S. automobile market in the early 1980s. The empirical section provides evidence of the tacit bargaining behavior that the model predicts

Bargaining power · Economics · Game theory · Knowledge management · Microeconomics · Political science · Relevance (law · Stochastic game · Subgame perfect equilibrium · Tacit collusion · Tacit knowledge · Test (biology · Computer Science · Game Theory and Applications · Game Theory and Voting Systems · Merger and Competition Analysis

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Unique citing works2
Citations per year0,08
Citation span2001 - 2022 (22)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 2
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