Philip, George (1976) The limitations of bargaining theory: a case study of the International Petroleum Company in Peru. World development, 4 (3). pp. 231-239. ISSN 0305-750X
The usual bargaining model used to analyze the interaction of foreign companies and developing countries is inadequate because its political assumptions are usually misleading and tend to abstract from a highly complex reality. The case of the International Petroleum Company in Peru is used to illustrate how political parties there were constrained by the presence of a large foreign firm to act in certain ways which could not have been predicted by a ‘rational’ model of bargaining.
|Additional Information:||© 1976 Elsevier|
|Library of Congress subject classification:||H Social Sciences > HC Economic History and Conditions|
|Sets:||Departments > Government
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