Transnational Cooperation: An Issue-Based Approach presents an analysis of transnational cooperation or collective action that stresses basic concepts and intuition. Throughout the book, authors Clint Peinhardt and Todd Sandler identify factors that facilitate and/or inhibit such cooperation. The first four chapters lay the analytical foundations for the book, while the next nine chapters apply the analysis to a host of exigencies and topics of great importance.
The authors use elementary game theory as a tool for illustrating the ideas put forth in the text. Game theory reminds us that rational actors (for example, countries, firms, or individuals) must account for the responses by other rational actors. The book assumes no prior knowledge of game theory; all game-theoretic concepts and analyses are explained in detail to the reader. Peinhardt and Sandler also employ paired comparisons in illustrating the book's concepts. The book is rich in applications and covers a wide range of topics, including superbugs, civil wars, money laundering, financial crises, drug trafficking, terrorism, global health concerns, international trade liberalization, acid rain, leadership, sovereignty, and many others. Students, researchers, and policymakers alike have much to gain from Transnational Cooperation. It is a crossover book for economics, political science, and public policy.
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Clint Peinhardt studies the political economy of trade and investment. He received his Ph.D. from the University of Michigan and M.A. from the Institute of Social Studies in The Netherlands. He has published in International Organization, International Studies Quarterly, World Politics, and The World Economy. For designing a class around transnational issues, he was awarded The University of Texas Regents Outstanding Teaching Award in 2012.
Todd Sandler is the Vibhooti Shukla Professor of Economics and Political Economy at the University of Texas at Dallas. He has written or edited twenty-two books and has contributed over 250 journal articles to leading journals in economics and political science. He has consulted for the World Bank, UNIDO, International Task Force for Global Public Goods, and the Inter-American Development Bank.
"Today's supposedly flat world actually splits into many nation states with conflicting interests and powers. Their potential gains from cooperation on political and economic issues often go unrealized. This book combines game-theoretic analysis and imaginatively paired comparisons of numerous cases to help us understand the reasons for success or failure in international collective action, and the design of institutions to achieve better outcomes. The value of the lessons it teaches students and policy practitioners alike is huge."
-- Avinash K. Dixit, John J. F. Sherrerd '52 University Professor of Economics, Emeritus, Princeton University
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