1. Home
  2. Studien
  3. Brexit and Europe’s Future: A Game Theoretical Approach
Berthold Busch / Matthias Diermeier / Henry Goecke / Michael Hüther IW-Policy Paper Nr. 18 22. Dezember 2016 Brexit and Europe’s Future: A Game Theoretical Approach

After the UK referendum of last summer, the new institutional relationship between the UK and the EU has to be shaped. The question arises as to how relations should be conducted going forward.

PDF herunterladen
A Game Theoretical Approach
Berthold Busch / Matthias Diermeier / Henry Goecke / Michael Hüther IW-Policy Paper Nr. 18 22. Dezember 2016

Brexit and Europe’s Future: A Game Theoretical Approach

IW policy paper

PDF herunterladen

Teilen Sie diesen Artikel:

oder kopieren Sie den folgenden Link:

Der Link wurde zu Ihrer Zwischenablage hinzugefügt!

After the UK referendum of last summer, the new institutional relationship between the UK and the EU has to be shaped. The question arises as to how relations should be conducted going forward.

For the two bargaining parties, the UK and the EU as a whole, the question now is what long and short-term advantages can be obtained, and therefore, which negotiation strategy to pick.

We examine these questions from a game theoretical perspective. Four alternative outcomes (World Trade Organisation; Cherry picking; Norway; Norway+) are analyzed from an economic perspective, both in the long and in the short run. The evaluation is based on the specific characteristic of each outcome with respect to the access to the European single market, free movement of persons, and payments to the EU.

This game theoretical approach yields that the EU – no matter what is economically feasible in the short-run – has to play a tough negotiation strategy if they care about the long-run. The result is not a question of punishment but of pure economic rationale.

PDF herunterladen
A Game Theoretical Approach
Berthold Busch / Matthias Diermeier / Henry Goecke / Michael Hüther IW-Policy Paper Nr. 18 22. Dezember 2016

Berthold Busch / Matthias Diermeier / Henry Goecke / Michael Hüther: Brexit and Europe’s Future – a Game Theoretical Approach

IW policy paper

PDF herunterladen

Teilen Sie diesen Artikel:

oder kopieren Sie den folgenden Link:

Der Link wurde zu Ihrer Zwischenablage hinzugefügt!

Mehr zum Thema

Artikel lesen
Is the EU ready for the data economy?
Philipp Saueracker Veranstaltung 10. Februar 2022

Webinar: Is the EU ready for the data economy?

The new year has come with some mixed news for the data economy. With the EU’s Data Governance Act (DGA) being approved, the Digital Services and Markets Acts (DSA & DMA) at a developed stage of the legislative process, the EU is marching ahead in its ambition ...

IW

Artikel lesen
Michael Hüther im Münchener Merkur Gastbeitrag 29. Januar 2022

Klimaneutralität: Schädliche Banken-Blockade

Mit der EU-Taxonomie riskiert die Kommission, ein moralisches Risiko auf Banken und Kapitalgeber zu übertragen. Es mangelt an Technologieoffenheit und Vertrauen in die marktwirtschaftliche Ordnung. Ein Gastbeitrag von IW-Direktor Michael Hüther.

IW

Mehr zum Thema

Inhaltselement mit der ID 8880