POLI 260 Lecture Notes - Lecture 11: Democracy Promotion, Will Horton And Sonny Kiriakis, Arab Spring

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Definition - the costs incurred during the process of buying and selling. Firms (coases theory) why do businesses not subcontract for all services. How do ios lower transaction costs (keohane 339-341) Provides third party mediation and some level of enforcement. Uncertainty - states are never certain about the intentions and power of others. War often states because each side has a diffferent idea keohane. This is where international os play some role. Interactions over time reveal information k 346. Diplomats from different countries form enduring groups (epistemic communities) States survival in an anarchic world: uncertainty + offense = fear of cd. Why are we not always at dd: states have incentives not to cooperate cc > dd, moving from dd to cc, make dd so costly that challenger does not want this. Alliances - aim to deter challenger, but if not . If it doesn"t deter the challenger, we want to defeat the challenger.

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