Article ID: | iaor20141671 |
Volume: | 36 |
Issue: | 1 |
Publication Date: | Apr 2014 |
Journal: | Journal of Policy Modeling |
Authors: | Destradi Sandra, Gundlach Erich |
Keywords: | simulation, economics |
A simple general equilibrium model is borrowed from economics to study alternative foreign policy strategies of regional powers that are conditional on external constraints. An equilibrium hegemonic strategy is modeled as the joint production and consumption of two ‘goods’ (