Iran’s energy and petrochemical exports have recently been restricted by a series of international sanctions. This paper focuses on one of the country’s exports, namely methanol – a petrochemical increasingly used for fuel blending and traded at various locations worldwide – and empirically explores the relationships among the North American, European, and Asian markets to investigate the incid...

In Germany, imposition of benefit cuts for non-compliant welfare recipients depends on the policy of the local welfare agencies resulting in considerable regional variation, expressed in milder and stricter sanction regimes. Findings from international studies show, that benefit sanctions can substantially increase individual employment uptake. This raises the question, whether a stricter use o...

Containment of potential pandemic threats such as SARS and avian ‡u depends on prompt reporting of outbreaks. This paper examines the incentives of source countries to identify and disclose outbreaks. The analysis yields a number of policy-relevent …ndings. Whereas sanctions by trading partners following the formal report of an outbreak discourages reporting, sanctions based on fears of an unde...

Abstract: The aim of international economic sanctions is imposing economic restrictions on target countries. In order to decrease the sanctions negative brunt on citizenry and make it ineffective, government may respond to sanctions through policies such as increasing the supply of public goods. This paper studies the regime changes of government expenditures in Iranian economy in response to e...

based on the current approach, to ascertain and enforce the sanctions in law is one of the exclusive functions of governments. but the deeper examination reveals that many transactors prefer non-legal sanctions. at first glance, this self-enforcement mechanism seems to be contrary to legal fundamentals. therefore, these sanctions are contested in law. this article is an attempt to consider a ne...

We construct a game theoretic model of an oligarchic economy that potentially could be targeted by smart international sanctions. Oligarchs in this economy provide support for their leader, a strong man and potentially an autocrat, in return for favors that results in having income higher than the average income in the country. We derive the conditions under which smart sanctions lead to compli...

This paper reports the results from a real-effort team production experiment, where best performers can impose either tacit or explicit sanctions on their less-performing partners. The behavior of the best performer in the team differs from one condition to another. When explicit sanctions are not allowed, good performers reduce their effort in response to the advantageous difference in scores;...

A growing body of literature suggests that political factors are one of the major causes of environmental damage in developing countries endowed with a relative abundance of renewable resources. This has prompted calls for the use of trade sanctions to encourage sustainable resource management practices in these countries. This paper develops a model to assess the interaction between political ...

Adolescent Drug Use and the Deterrent Effect of School-Imposed Penalties Simple OLS estimates of the effect of school-imposed penalties for drug use on a student’s consumption of marijuana are biased if both are determined by unobservable school or individual attributes. The potential reverse causality is also a challenge to retrieving estimates of the causal relationship, as the severity of sc...