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Bargaining strategies for governance complex games

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  • Daniel Verdier

    (The Ohio State University)

Abstract

Global governance complexes offer member states opportunities for “regime shifting”: playing off an institutional forum against another with the goal of improving one’s relative bargaining position. I probe the internal validity of this strategy. The model makes two contributions to the governance complex literature. Formally, first, the analysis goes beyond current “outside-option” models of regime shifting, involving a permanent break of negotiations, to “inside-option” models, involving temporary disagreements. Substantively, second, the article models two scenarios of regime shifting, one that works for the weak and another that works for the powerful, and then “tests” the claim held by some in the literature that powerful countries are more likely to avail themselves of the possibility of regime shifting than weaker countries. I conclude that regime shifting is more likely to work for the weak than for the strong.

Suggested Citation

  • Daniel Verdier, 2022. "Bargaining strategies for governance complex games," The Review of International Organizations, Springer, vol. 17(2), pages 349-371, April.
  • Handle: RePEc:spr:revint:v:17:y:2022:i:2:d:10.1007_s11558-020-09407-9
    DOI: 10.1007/s11558-020-09407-9
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    References listed on IDEAS

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    1. Muthoo,Abhinay, 1999. "Bargaining Theory with Applications," Cambridge Books, Cambridge University Press, number 9780521576475.
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    Cited by:

    1. Mette Eilstrup-Sangiovanni & Oliver Westerwinter, 2022. "The global governance complexity cube: Varieties of institutional complexity in global governance," The Review of International Organizations, Springer, vol. 17(2), pages 233-262, April.

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    More about this item

    Keywords

    Regime shifting; Inside option; Outside option; Regime complex; Complex governance;
    All these keywords.

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F53 - International Economics - - International Relations, National Security, and International Political Economy - - - International Agreements and Observance; International Organizations
    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games

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