International organizations and arrangements: Pivotal countries and manipulations

C-Tier
Journal: Economic Modeling
Year: 2009
Volume: 26
Issue: 6
Pages: 1398-1402

Score contribution per author:

1.005 = (α=2.01 / 1 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

A problem of making an investment in a large developing or transition economy by an international organization is considered in this paper. We design a dominant strategy (the truth-telling) mechanism in a decision making problem where both Pareto optimality and optimization of an international organization's welfare are achieved. We determine that if there are pivotal countries within an international organization, necessary assumptions made for such a mechanism to work cannot be all satisfied. The mere presence of pivotal countries within an international organization is an empirical question, but casual empiricism suggests their existence.

Technical Details

RePEc Handle
repec:eee:ecmode:v:26:y:2009:i:6:p:1398-1402
Journal Field
General
Author Count
1
Added to Database
2026-01-26