Sanctioning in the face of uncertainty has been investigated from the perspective of signaling models, in which an informed target sends a signal and the sanctioner decides to sanction or not. As the more powerful power, however, the sanctioner could take the lead rather than react to the action of the target. Borrowing from contract theory, I present a new approach to the sanctioning of a targ...

The aim of this study is to examine the equity premium puzzle in Iran for the quarterly period of 1993-2016. In this regard, the hybrid bivariate Garch model and also fuzzy dummy variables with consumption capital asset pricing model (C-CAPM) have been used. The results of study show that using C-CAPM within fuzzy dummy variables (CCAPM-F), the relative risk aversion coefficient of investor is ...

this study utilizes a decade long (2005-2014) monthly data of total column tropospheric ozone (tcto) in dubson units to evaluate the spatial and temporal trend of lao over some major cities of west africa, namely lagos, accra, niamey, abuja, bamako, dakar, agadez, conakry, kano, and ouagadougou which are either capital cites or major commercial hubs, where the population ranges from 0.09 millio...

What are the most important sources of institutional variation among authoritarian regimes, and how do such institutions influence these dictatorships’ propensity to initiate military disputes? This article argues that most existing studies in both comparative politics and international relations employ a flawed conceptualization of authoritarian institutions. Excessive focus on the personaliza...

Between 1948 and 1996, mean annual environmental parameters in the Arctic experienced a well-pronounced decadal variability with two basic circulation patterns: cyclonic and anticyclonic alternating at 5 to 7 year intervals. During cyclonic regimes, low sea-level atmospheric pressure (SLP) dominated over the Arctic Ocean driving sea ice and the upper ocean counterclockwise; the Arctic atmospher...

Finding the optimal treatment regime (or a series of sequential treatment regimes) based on individual characteristics has important applications in areas such as precision medicine, government policies and active labor market interventions. In the current literature, the optimal treatment regime is usually de ned as the one that maximizes the average bene t in the potential population. This pa...

In the past few years, a body of ideas based on political economy theory has been built up by North and Weingast, Olson, Przeworski, and Acemoglu and Robinson. One theme that emerges from this literature concerns the transition to democracy: why would dominant elites give up oligarchic power? This article addresses this question by considering a formal model of an authoritarian regime, and then...