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Debt Games: Strategic Interaction in International Debt Rescheduling

Debt Games: Strategic Interaction in International Debt Rescheduling

Paperback

Investing & FinanceGeneral Political ScienceInternational Relations

ISBN10: 0521555523
ISBN13: 9780521555524
Publisher: Cambridge University Press
Published: Apr 26 1996
Pages: 632
Weight: 2.17
Height: 1.48 Width: 6.38 Depth: 9.25
Language: English
This book explains the significant variation that has emerged over time and across cases in international debt rescheduling during the past one hundred and seventy years. Based on a novel situational theory of bargaining, Professor Aggarwal's study provides a method to deduce actors' payoffs in different bargaining situations to develop debt games, which are then used to predict negotiating outcomes. This integrated political-economic approach to analyze bargaining episodes goes beyond simple economic models or purely descriptive studies. In doing so, it contributes to international political and economic theory, game theory, and historical research on debt negotiations.

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International Relations