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Sanctions

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  • Eaton, Jonathan
  • Engers, Maxim

Abstract

Sanctions are measures that one party (the sender) uses to influence another (the target). Sanctions, or the threat of sanctions, have been used by governments to alter the human rights, trade, or foreign policies of other governments. The authors develop notions of the sender's and target's toughness that depend on their patience and on the extent of their suffering from sanctions. How much a sender can exact from the target depends on the relative toughness of the two. Sanctions that impose less harm on the target can sometimes be more effective than those that impose greater harm. Copyright 1992 by University of Chicago Press.

Suggested Citation

  • Eaton, Jonathan & Engers, Maxim, 1992. "Sanctions," Journal of Political Economy, University of Chicago Press, vol. 100(5), pages 899-928, October.
    • Handle: RePEc:ucp:jpolec:v:100:y:1992:i:5:p:899-928
    DOI: 10.1086/261845
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    References listed on IDEAS

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    3. Bulow, Jeremy & Rogoff, Kenneth, 1989. "A Constant Recontracting Model of Sovereign Debt," Journal of Political Economy, University of Chicago Press, vol. 97(1), pages 155-178, February.
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    7. Eaton, Jonathan & Engers, Maxim, 1990. "Intertemporal Price Competition," Econometrica, Econometric Society, vol. 58(3), pages 637-659, May.
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    Cited by:

    1. Brian D. Wright & Kenneth M. Kletzer, 2000. "Sovereign Debt as Intertemporal Barter," American Economic Review, American Economic Association, vol. 90(3), pages 621-639, June.
    2. Maxim Engers & Jonathan Eaton, 1999. "Sanctions: Some Simple Analytics," American Economic Review, American Economic Association, vol. 89(2), pages 409-414, May.

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