rational choice theory

• The Case for Tariff Compensation in Wto Dispute Settlement

There is nearly unanimous consent among WTO practitioners and scholars that the remedy of tariff compensation is legally superior, economically more efficient and socially more beneficial than retaliatory suspension of tariff concessions (tariff retaliation). This article argues in favour of a revitalization of tariff compensation. However, under the current regime compensation is a thoroughly unattractive policy instrument for decision makers having to temporarily opt out of a WTO Agreement in reaction to domestic shocks. Hence, tariff compensation is vastly underused. We examine reasons for the relative unattractiveness of this policy instrument and propose a substantial reform agenda of the WTO agreements and the dispute settlement system, so as to make compensation a policy tool of ...

... of tariff compensation as the remedy of choice for policymakers. In the recent past there have be...2 Theory and practice of remedies in the WTO. In this chapt... opting out of the obligations is a rational behavior for self-interested policymakers and that...

• Aussenwirtschaft; Zeitschrift für internationale Wirtshaftsbeziehungen
• Vol. 60 Num. 4, Décembre 2005

• Scandinavian in Detroit

There are currently about 20 automobile suppliers with Swedish roots in Michigan, and, according to [Lennart Johansson], there is room for more. "But before attempting to expand to a global market, the suppliers' products need to be established in local markets," he says. "The Swedes are inventive and competent, although they're not great at selling their products or marketing themselves, skills that Americans practice in school." However, Lennart believes that with focus and unique product solutions, Swedish suppliers will continue to be successful competitors in global markets. "Especially now that the trend is to give suppliers commissions to deliver entire technical solutions, from product development to delivery - an area where the Swedes already possess expertise," he adds. [Stefa...

... are in a continual process of rationalizing their purchasing through the use of common compone...: "Due to competition, they will not have a choice, but they will probably wait until the costs are l...In theory, Andersson claims, "it's really not that complicat...

• Nordic Reach
• Vol. 19 Num. 16, Février 2006
• News

• Submarine Command Systems.

..., and the need for a coherent and rational means of presenting this to a team of operators be...In theory, a series of TMA solutions builds up into a tactic... of Singapore Navy, and will be the obvious choice if Thales wins the contract to build the Project 7...

• Armada International
• Vol. 25 Num. 4, Août 2001