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Economics

Nested Games Theory in International and Domestic Political Bargaining

Quick fact

In international negotiations, a leader's domestic political weakness can actually be a strategic advantage: by claiming their hands are tied at home, they can extract better concessions from foreign counterparts, as seen in many trade and arms control talks.

Why this is interesting

Why do presidents sometimes seem to win international negotiations yet lose at home? Or conversely, how does a leader's domestic weakness become their international strength?