TY  - BOOK
AU  - Bassetto, Marco
AU  -  Huo, Zhen
AU  -  Rios-Rull, Jose-Victor
TI  - Institution Building without Commitment
SN  - 0002-8282
PB  - American Economic Review
KW  -  Fiscal Policies and Behavior of Economic Agents
KW  -  International Trade Organizations
KW  -  Repeated Games
KW  -  Trade Policy
KW  -  Wealth and Policy Objectives
KW  - Macroeconomics
N2  - We propose a theory of gradualism in the implementation of good policies, suitable for environments featuring time consistency. We downplay the role of the initial period by allowing agents both to wait for future agents to start equilibrium play and to r
UR  - https://www.aeaweb.org/articles?id=10.1257/aer.20201365
ER  -