Changing modes of global economic governance: from neo-liberalism to neomedievalism

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On Modes of Economic Governance

I consider transactions involving asymmetric prisoners’ dilemmas between pairs of players selected chosen from two large populations. Games are played repeatedly, but information about cheating is not adequate to sustain cooperation, and there is no official legal system of contract enforcement. I examine how profit-maximizing private intermediation can supply the information and enforcement. I...

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NE OF THE most striking as0 pects of the 1960 election campaign is that it was waged between two comparatively liberal platforms and candidates. It is true that Kennedy carried the standard of a party whose majority is actually liberal, whereas Nixon represented a party which had subscribed to a relatively liberal platfonn (including a rather strong civil rights position) with some reluctance, ...

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ژورنال

عنوان ژورنال: The Journal of Zhytomyr State Technological University. Series: Economics, Management and Administration

سال: 2019

ISSN: 2617-5649,2617-5630

DOI: 10.26642/jen-2019-1(87)-162-168