Bounded Rationality and Economic Diplomacy - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Bounded Rationality and Economic Diplomacy write by Lauge N. Skovgaard Poulsen. This book was released on 2015-08-21. Bounded Rationality and Economic Diplomacy available in PDF, EPUB and Kindle. This book examines how developing countries often sign up to highly potent rules underwriting economic globalisation without even realising it.
Bounded Rationality and Economic Diplomacy
Bounded Rationality and Economic Diplomacy - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Bounded Rationality and Economic Diplomacy write by Lauge N. Skovgaard Poulsen. This book was released on 2015-08-21. Bounded Rationality and Economic Diplomacy available in PDF, EPUB and Kindle. Modern investment treaties give private arbitrators power to determine whether governments should pay compensation to foreign investors for a wide range of sovereign acts. In recent years, particularly developing countries have incurred significant liabilities from investment treaty arbitration, which begs the question why they signed the treaties in the first place. Through a comprehensive and timely analysis, this book shows that governments in developing countries typically overestimated the economic benefits of investment treaties and practically ignored their risks. Rooted in insights on bounded rationality from behavioural psychology and economics, the analysis highlights how policy-makers often relied on inferential shortcuts when assessing the implications of the treaties, which resulted in systematic deviations from fully rational behaviour. This not only sheds new light on one of the most controversial legal regimes underwriting economic globalization but also provides a novel theoretical account of the often irrational, yet predictable, nature of economic diplomacy.
Economic Diplomacy
Economic Diplomacy - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Economic Diplomacy write by Peter A.G. van Bergeijk. This book was released on 2011-08-22. Economic Diplomacy available in PDF, EPUB and Kindle. In a climate of enhanced global competition, attention for economic diplomacy has substantially grown, as much in the West as in other parts of the world. This book conceptualizes economic diplomacy and adds to a better understanding of its central place in the theory and practice of international relations.
Bounded Rationality
Bounded Rationality - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Bounded Rationality write by Sanjit Dhami. This book was released on 2022-07-12. Bounded Rationality available in PDF, EPUB and Kindle. Two leaders in the field explore the foundations of bounded rationality and its effects on choices by individuals, firms, and the government. Bounded rationality recognizes that human behavior departs from the perfect rationality assumed by neoclassical economics. In this book, Sanjit Dhami and Cass R. Sunstein explore the foundations of bounded rationality and consider the implications of this approach for public policy and law, in particular for questions about choice, welfare, and freedom. The authors, both recognized as experts in the field, cover a wide range of empirical findings and assess theoretical work that attempts to explain those findings. Their presentation is comprehensive, coherent, and lucid, with even the most technical material explained accessibly. They not only offer observations and commentary on the existing literature but also explore new insights, ideas, and connections. After examining the traditional neoclassical framework, which they refer to as the Bayesian rationality approach (BRA), and its empirical issues, Dhami and Sunstein offer a detailed account of bounded rationality and how it can be incorporated into the social and behavioral sciences. They also discuss a set of models of heuristics-based choice and the philosophical foundations of behavioral economics. Finally, they examine libertarian paternalism and its strategies of “nudges.”
Research Handbook on Economic Diplomacy
Research Handbook on Economic Diplomacy - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Research Handbook on Economic Diplomacy write by Peter A.G. van Bergeijk. This book was released on 2018-06-29. Research Handbook on Economic Diplomacy available in PDF, EPUB and Kindle. This Handbook positions economic diplomacy as a multidisciplinary field and presents state of the art research relevant to policy makers and academia around the globe focusing on four themes: the role of economic diplomats, the impact and evaluation of economic diplomacy, politics and trade and emerging markets. It offers academic, business and policy perspectives taking stock of knowledge produced with qualitative and quantitative research on Northern America, Europe, Africa, Asia and Latin America.
