Why do sanctions need time to work?
Adjustment, learning and anticipation
Economists disagree on the influence of time on the probability of success of economic sanctions. Some argue that it takes time to convince the sanction target. Others stress that economic adjustment will reduce incentives to comply. We seek to reconcile these different literatures [...]
|Keywords||adjustment, learning, sanctions|
van Bergeijk, P.A.G., & van Marrewijk, J.G.M.. (1995). Why do sanctions need time to work?. Economic Modelling, 12(2), 75–86. Retrieved from http://hdl.handle.net/1765/21544